Active · Condominium
$325,000
751 Collins Ave 1, Miami Beach, FL 33139
- Beds
- 0
- Baths
- 1
- Living area
- 414 sq ft
- $ / sq ft
- $785/sq ft
- Year built
- 1952
- Lot size
- —
- HOA fee
- $502 Monthly
- Annual tax
- $4,227
About this property
A rare opportunity in the heart of South Beach! This beautifully renovated studio is located in an intimate boutique condominium of only 7 residences, directly on iconic Collins Avenue and just steps from the beach. Bright, stylish and move-in ready, the residence features a renovated bathroom, in-unit washer and dryer, and a comfortable, functional layout ideal as a Miami Beach pied-à-terre, vacation home or income-producing property. Airbnb is allowed, offering exceptional flexibility for owners looking to enjoy the property while taking advantage of South Beach’s strong year-round rental demand. The building successfully completed its 50-Year Recertification in 2025 and offers an attractive HOA of only $502 per month. The location is hard to beat: walk to the beach, markets, cafés, bars and some of Miami Beach’s best restaurants, with convenient public garage parking nearby. Units 2 and 3 are also available for sale, creating a unique opportunity for investors interested in acquiring multiple residences within the same boutique building. A charming Miami Beach property that works just as beautifully as a personal getaway as it does an investment.
Interior & exterior features
Appliances
- Dryer
- Electric Range
- Microwave
- Refrigerator
Cooling
- Central Air
Heating
- None
Views
- Other
Parking
- None
Interior features
- Second Floor Entry
Exterior features
- Fence
Flooring
- Laminate
construction
- Block
security
- Complex Fenced
- Smoke Detectors
association_amenities
- None
association_fee_includes
- Insurance
- Sewer
- Trash
- Water
Investment intelligence
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
-$1,109
- Cap rate
- 1.6%
- Net yield
- 1.6%
- Cash-on-cash return
- -14.6%
- Gross yield
- 6.1%
- Mortgage payment
- $1,541/mo
- Down payment
- $81,250
- Loan amount
- $243,750
- Annual NOI
- $5,175
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.