Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 750 sq ft
- Flooring
- Carpet
- Appliances
- Dishwasher, Electric Range, Microwave, Refrigerator
- Cooling
- Electric
- Heating
- None
- Interior features
- Bedroom On Main Level, Elevator
Active · Condominium
$499,999
5225 Collins Ave 1204, Miami Beach, FL 33140
- Beds
- 1
- Baths
- 1
- Living area
- 750 sq ft
- $ / sq ft
- $667/sq ft
- Year built
- 1962
- Lot size
- —
- HOA fee
- $1,379 Monthly
- Annual tax
- $8,257
About this property
Stunning 1-bedroom condo located in a full-service beachfront resort. This beautifully appointed residence features a functional kitchen, spacious living area, and an exceptionally large balcony with breathtaking direct beach views. Impact-resistant windows and doors provide safety, comfort, and peace of mind. The resort offers a luxury lifestyle with two swimming pools, on-site restaurants, cabana bar, and exclusive beach service for owners. Owners are allowed to manage their own short-term rentals, including Airbnb, offering excellent income potential. Included services and amenities: laundry facilities on every floor, complimentary high-speed Wi-Fi, cable TV, valet parking, and 24-hour concierge services. Ideal as a vacation home, investment property, or both—enjoy resort-style living with maximum flexibility and convenience.
Property location
Get Directions5225 Collins Ave 1204, Miami Beach, FL 33140
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1962
- Stories
- 15
- Construction
- CBSConcrete Block Structure, Block
- Exterior features
- Balcony
- Pool
- Association
- Waterfront
- Ocean Front
- View
- Ocean
Parking
- Garage spaces
- 1
- Covered spaces
- 1
- Parking features
- One Space
HOA, Community & Financials
- Association fee
- $1,379 Monthly
- Fee inclusions
- Association Management, Amenities, Common Areas, Cable Tv, Electricity, Insurance, Internet, Laundry, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pools, Sewer, Security, Trash, Water
- Amenities
- Fitness Center, Laundry, Pool, Sauna, Trash, Elevators
- Security
- Elevator Secured, Key Card Entry, Security Guard
- Pets allowed
- No
- Annual tax
- $8,257
- Subdivision
- THE ALEXANDER CONDO
- County
- Miami-Dade
- Days on market
- 79
- MLS listing ID
- A12033203
- Listing status
- Active
Virtual tour
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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
-$2,277
- Cap rate
- 0.2%
- Net yield
- 0.2%
- Cash-on-cash return
- -19.5%
- Gross yield
- 6.5%
- Mortgage payment
- $2,370/mo
- Down payment
- $125,000
- Loan amount
- $374,999
- Annual NOI
- $1,125
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.