5005 Collins Ave #304

Miami Beach, FL 33140
$373,000
942 sqft | 1 bed | 1 bath | #A11723190

Description

INVESTOR OPPORTUNITY! Long-Term Tenant in Place Breathtaking direct Intracoastal views from this updated 1 bed/1 bath condo on Miami Beach’s coveted "Millionaires Row." Features include a custom walk-in closet, brand-new air conditioning, and building amenities like direct beach access, Olympic-sized pool, Jacuzzi, on-site beauty salon, and covered parking. Excellent investment potential—can be rented up to 3 times per year. Current tenant lease: $2,700/month (09/01/2024–08/31/2025) with 5 years of renewal history and annual $100 increases. Seller will cover assessments upon sale.

  • Property Details
      • Interior:Lobby, Elevator, Shabbat Elevator
      • Bedrooms:1
      • Bathrooms:1
      • Full Baths:1
      • View:Bay, Canal
      • Stories:16
      • Square Feet:942
      • Parking spaces:1
      • Parking type:1 Space
      • Property type:Purchase
      • Year built:1964
      • Subdivision:THE CARRIAGE CLUB NORTH C
      • County:Miami-Dade County
      • Hoa fees:1650
      • Pets:1
      • MLS #:A11723190
      • Cost:373000
      • Property subtype:Condominium
      • Waterfront:1
      • MLS #:A11723190
      • Structure type:Condo

Location

Lifestyle International RealtyReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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