Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,208 sq ft
- Flooring
- Other
- Appliances
- Other
- Cooling
- Central Air
- Heating
- Central
- Interior features
- First Floor Entry, Other
Active · Condominium
$519,900
5838 Collins Ave 2B, Miami Beach, FL 33140
- Beds
- 2
- Baths
- 2
- Living area
- 1,208 sq ft
- $ / sq ft
- $430/sq ft
- Year built
- 1970
- Lot size
- —
- HOA fee
- $1,203 Monthly
- Annual tax
- $7,307
About this property
Located along Miami Beach’s prestigious Millionaire’s Row, this condominium at Regency Tower offers an opportunity to own in a waterfront building along the Indian Creek waterway, directly across Collins Avenue from the beach. The building features a swimming pool, fitness facilities, covered parking, and on-site management. Ideally situated in the desirable Mid-Beach neighborhood, with convenient access to the beachfront, shopping, dining, Bal Harbour, and the vibrant South Beach district. Property is being sold occupied, strictly AS-IS, and sight unseen. No interior access or showings are available.
Property location
Get Directions5838 Collins Ave 2B, Miami Beach, FL 33140
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1970
- Stories
- 15
- Architectural style
- Other
- Construction
- CBSConcrete Block Structure, Block
- Exterior features
- Balcony
- Pool
- Association
- Waterfront
- Bayfront
- View
- Bay
Parking
- Garage spaces
- 1
- Covered spaces
- 1
- Parking features
- One Space
HOA, Community & Financials
- Association fee
- $1,203 Monthly
- Fee inclusions
- Laundry, Parking, Security
- Amenities
- Clubhouse, Pool
- Security
- Door Man
- Pets allowed
- Conditional, Yes
- Annual tax
- $7,307
- Subdivision
- 5838 CONDOMINIUM
- County
- Miami-Dade
- Days on market
- 1
- MLS listing ID
- A12108523
- 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
-$1,336
- Cap rate
- 2.6%
- Net yield
- 2.6%
- Cash-on-cash return
- -11.0%
- Gross yield
- 8.3%
- Mortgage payment
- $2,465/mo
- Down payment
- $129,975
- Loan amount
- $389,925
- Annual NOI
- $13,541
Estimates only — includes 5 % maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.