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5555 Collins Ave 12Y, Miami Beach, FL 33140

Condominium · Active

$559,000

5555 Collins Ave 12Y, Miami Beach, FL 33140 — MLS photo

Miami Foreclosures & Bank-Owned Properties

5555 Collins Ave 12Y, Miami Beach, FL 33140

Bedrooms
2
Bathrooms
2
Interior
1,048 sq ft
Price / sq ft
$533/sq ft
Built
1967
Lot
—

The residence

Experience waterfront living in the beautifully maintained 2/2 residence, offering captivating canal views from the front and breathtaking oceans view from the rear. Enjoy a resort-inspired lifestyle with an impressive collection of amenities, including ballet parking, elegant poolside cabanas, a fitness center, community laundry facilities, and a heated swimming pool. Enjoy the add convenience of Lola Restaurant, located right on the promises offering a delightful dinning experience just steps from your residence. Perfectly suited for those seeking comfort, sophistication, and coastal elegance. SPECIAL ASSESMENT PAID IN FULL!.

Property location

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5555 Collins Ave 12Y, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,048 sq ft
Flooring
Ceramic Tile
Appliances
Electric Range, Electric Water Heater, Microwave, Refrigerator
Cooling
Central Air
Heating
None
Interior features
Bathtub, Closet Cabinetry, Fireplace, Handicap Access, Elevator

Exterior & Structure

Property type
Condominium
Year built
1967
Stories
18
Architectural style
Coach Carriage
Construction
Brick
Exterior features
Tennis Courts
Waterfront
Canal Front
View
Canal

Parking

Garage spaces
1
Covered spaces
1
Parking features
One Space, Garage Door Opener

HOA, Community & Financials

Association fee
$1,350 Monthly
Fee inclusions
Common Areas, Hvac, Hot Water, Internet, Laundry, Maintenance Grounds, Parking, Pools, Recreation Facilities, Trash, Water
Amenities
Cabana, Clubhouse, Fitness Center, Barbecue, Picnic Area, Pool, Elevators
Security
Security System, Closed Circuit Cameras, Elevator Secured, Fire Alarm, Key Card Entry, Lobby Secured, Phone Entry, Security Guard, Intercom, Smoke Detectors
Pets allowed
Cats Ok, Dogs Ok, Yes
Annual tax
$6,722
Subdivision
OCEANSIDE PLAZA CONDO
County
Miami-Dade
Days on market
1
MLS listing ID
A12118826
Listing status
Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,805

Cap rate
1.8%
Net yield
1.8%
Cash-on-cash return
-13.8%
Gross yield
7.4%
Mortgage payment
$2,650/mo
Down payment
$139,750
Loan amount
$419,250
Annual NOI
$10,144

Estimates only — includes 5 % maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.

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5555 Collins Ave 12Y, Miami Beach, FL 33140

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