7326 Collins Ave 203, Miami Beach, FL 33141 — MLS photo

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7326 Collins Ave 203, Miami Beach, FL 33141

Active · Condominium

$299,000

7326 Collins Ave 203, Miami Beach, FL 33141

Beds
1
Baths
1
Living area
405 sq ft
$ / sq ft
$738/sq ft
Year built
1940
Lot size
—
HOA fee
$520 Monthly
Annual tax
$0

About this property

Excellent investment opportunity in the heart of Miami Beach’s rapidly transforming North Beach neighborhood! This spacious 1-bedroom unit is located just steps from the beach and offers the rare ability to generate income through short-term rentals, including Airbnb and other vacation rental platforms. Whether you’re looking for a personal beach getaway, income-producing property, or both, this unit offers outstanding flexibility and potential. North Beach is undergoing a major renaissance with millions of dollars in public and private investment, including the new North Beach Aquatic Center 1/2 block away , enhanced beachwalks, streetscape improvements, new restaurants, retail, luxury developments, and community amenities that are elevating the area’s appeal and long-term value. Enjoy a highly walkable location near the beach, parks, shopping, dining, entertainment, and public transportation. A rare opportunity to own in one of Miami Beach’s fastest-growing and most exciting neighborhoods while taking advantage of strong vacation rental demand. Ideal for investors, second-home buyers, or anyone seeking the ultimate beach lifestyle with income potential.

Property location

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7326 Collins Ave 203, Miami Beach, FL 33141

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
405 sq ft
Flooring
Laminate
Appliances
Electric Range, Electric Water Heater, Microwave
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, First Floor Entry, Elevator

Exterior & Structure

Property type
Condominium
Year built
1940
Stories
3
Construction
Block
Exterior features
Other
View
Garden

Parking

Garage spaces
0
Covered spaces
0
Parking features
On Street

HOA, Community & Financials

Association fee
$520 Monthly
Fee inclusions
Common Areas
Amenities
Other, Elevators
Security
Complex Fenced, Elevator Secured
Pets allowed
Yes
Annual tax
$0
Subdivision
WELWORTH CONDO
County
Miami-Dade
Days on market
108
MLS listing ID
A12032120
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

-$716

Cap rate
2.8%
Net yield
2.8%
Cash-on-cash return
-10.3%
Gross yield
6.2%
Mortgage payment
$1,417/mo
Down payment
$74,750
Loan amount
$224,250
Annual NOI
$8,418

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