Active · Condominium
$715,000
6423 Collins Ave 401, Miami Beach, FL 33141
- Beds
- 1
- Baths
- 2
- Living area
- 1,503 sq ft
- $ / sq ft
- $476/sq ft
- Year built
- 1976
- Lot size
- —
- HOA fee
- $1,403 Monthly
- Annual tax
- $8,420
About this property
Fully renovated one bedroom plus den apartment converted into 2 bedrooms located in prime oceanfront location on Millionaire Road Miami Beach.Open concept unit with many upgrades. There are lost of lights throughout the unit.Wraparound balcony. Very easy to show.
Interior & exterior features
Appliances
- Dishwasher
Cooling
- Central Air
Heating
- Central
Views
- Intercoastal
Waterfront
- Ocean Front
Parking
- One Space
Interior features
- Bedroom On Main Level
- Closet Cabinetry
Exterior features
- Security High Impact Doors
Flooring
- Marble
construction
- CBSConcrete Block Structure
- Block
security
- Door Man
association_amenities
- Business Center
association_fee_includes
- Amenities
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
-$1,706
- Cap rate
- 2.8%
- Net yield
- 2.8%
- Cash-on-cash return
- -10.2%
- Gross yield
- 7.8%
- Mortgage payment
- $3,389/mo
- Down payment
- $178,750
- Loan amount
- $536,250
- Annual NOI
- $20,197
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.