$373,000
For Sale

5005 Collins Ave #304

Miami Beach, FL 33140
942 sqft | 1 bed | 1 bath | #A11723190
Browse 15 photos
Type:Purchase
Structure:Condo
Zone:Residential

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
      • InteriorLobby, Elevator, Shabbat Elevator
      • SubdivisionTHE CARRIAGE CLUB NORTH C
      • CountyMiami-Dade County
      • Property SubtypeCondominium
      • ViewBay, Canal
      • MLS #A11723190
      • MLS #A11723190
      • Property TypePurchase
      • Parking Type1 Space
      • Cost373000
      • Structure TypeCondo
      • Year Built1964
      • Hoa Fees1650
      • Square Feet942
      • Stories16
      • Bedrooms1
      • Bathrooms1
      • Full Baths1
      • Parking Spaces1
      • Pets1
      • Waterfront1

Location

William Barnes | BrokerReal 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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