Active · Condominium
$650,000
2655 Collins Ave 503, Miami Beach, FL 33140
- Beds
- 1
- Baths
- 2
- Living area
- 1,190 sq ft
- $ / sq ft
- $546/sq ft
- Year built
- 1975
- Lot size
- —
- HOA fee
- $3,332 Quarterly
- Annual tax
- $7,055
About this property
Experience effortless Miami Beach living in this beautifully appointed condo, offered fully furnished with high-end designer pieces and fully remodeled. Every detail is in place for a seamless move-in—simply bring your clothes and begin enjoying the Miami Beach lifestyle. The spacious one-bedroom layout is enhanced by a versatile den that can be used as a home office, or private studio. Thoughtfully designed for comfort and style, features impact windows, power operated blinds, premium high-end appliances, built-in ceiling speakers throughout, professional Control4 smart home automation for seamless whole-home control, a generous walk-in closet, assigned covered garage parking, along with convenient guest parking. The oceanfront building offers an impressive collection of amenities, including a large fitness center with new equipment, a sauna, and a game room with a pool table. Just steps from the sand, this exceptional location places acclaimed dining, shopping, cafés, and entertainment within easy reach. Lincoln Road Mall, the Faena Hotel, and the Miami Beach Boardwalk are all within walking distance. Building maintenance also includes basic cable TV, Wi-Fi, and water. Easy to show.
Interior & exterior features
Appliances
- Dishwasher
- Electric Range
- Microwave
- Refrigerator
Cooling
- Central Air
Heating
- Central
Views
- Ocean
Waterfront
- Ocean Front
Parking
- Assigned
- Attached
- Covered
- Garage
- Guest
- One Space
Interior features
- Other
- Walk In Closets
- Elevator
Exterior features
- Balcony
Pool
- Association
Flooring
- Tile
construction
- Block
security
- Door Man
- Key Card Entry
- Lobby Secured
- Security Guard
association_amenities
- Billiard Room
- Business Center
- Clubhouse
- Fitness Center
- Laundry
- Pool
- Sauna
- Trash
- Elevators
association_fee_includes
- Amenities
- Common Areas
- Cable Tv
- Insurance
- Maintenance Structure
- Parking
- Pools
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
-$1,622
- Cap rate
- 2.7%
- Net yield
- 2.7%
- Cash-on-cash return
- -10.7%
- Gross yield
- 7.3%
- Mortgage payment
- $3,081/mo
- Down payment
- $162,500
- Loan amount
- $487,500
- Annual NOI
- $17,507
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.