2655 Collins Ave 603, Miami Beach, FL 33140 — MLS photo

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2655 Collins Ave 603, Miami Beach, FL 33140

Active · Condominium

$449,000

2655 Collins Ave 603, Miami Beach, FL 33140

Beds
1
Baths
2
Living area
1,190 sq ft
$ / sq ft
$377/sq ft
Year built
1973
Lot size
—
HOA fee
$1,111 Monthly
Annual tax
$2,379

About this property

Wake up steps from the ocean in the heart of Miami Beach. This spacious 1-bedroom plus den residence offers flexibility, natural light, and one of the most walkable locations in Miami Beach. The den can serve as a guest room, home office, or creative space, while the balcony enjoys ocean views and refreshing sea breezes. Residents enjoy resort-style amenities including direct beach access, a heated pool, fitness center, sauna, 24-hour attended lobby, assigned covered parking, visitor parking, additional storage, pet-friendly living, and the unit features impact windows. Just outside your door are the Miami Beach Boardwalk, the Faena District, restaurants, cafés, shopping, and the beachfront lifestyle that makes Miami Beach one of the world’s most desirable destinations. With immediate rental eligibility and a minimum lease term of just 90 days, the property offers exceptional flexibility for both end users and investors seeking a full-time residence, seasonal retreat, or income-producing property. Move-in ready and priced to sell. Opportunities at this price point in the building are rarely available.

Property location

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2655 Collins Ave 603, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
1,190 sq ft
Flooring
Tile
Appliances
Built In Oven, Dishwasher, Electric Range, Refrigerator
Cooling
Central Air, Ceiling Fans, Electric
Heating
Electric
Interior features
Bedroom On Main Level, Closet Cabinetry, Entrance Foyer, Living Dining Room, Custom Mirrors, Main Living Area Entry Level, Pantry, Sitting Area In Primary, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1973
Stories
25
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block, Other
Exterior features
Balcony, Security High Impact Doors
Pool
Association, Heated
Waterfront
Ocean Access, Ocean Front
View
Ocean

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, Covered, Guest, One Space

HOA, Community & Financials

Association fee
$1,111 Monthly
Fee inclusions
Association Management, Amenities, Cable Tv, Hot Water, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pools, Recreation Facilities, Reserve Fund, Sewer, Trash, Water
Amenities
Billiard Room, Bike Storage, Business Center, Clubhouse, Fitness Center, Library, Pool, Sauna, Storage, Trash, Elevators
Security
Closed Circuit Cameras, Door Man, Secured Garage Parking, Lobby Secured, Fire Sprinkler System, Smoke Detectors
Pets allowed
Cats Ok, Dogs Ok, Yes
Annual tax
$2,379
Subdivision
MIRASOL OCEAN TOWERS COND
County
Miami-Dade
Days on market
101
MLS listing ID
A12027486
Listing status
Active

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Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$660

Cap rate
3.9%
Net yield
3.9%
Cash-on-cash return
-6.3%
Gross yield
9.0%
Mortgage payment
$2,128/mo
Down payment
$112,250
Loan amount
$336,750
Annual NOI
$17,618

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.