3200 Collins Ave 7-4, Miami Beach, FL 33140

Condominium · Active

$569,000

3200 Collins Ave 7-4, Miami Beach, FL 33140 — MLS photo

Miami Foreclosures & Bank-Owned Properties

3200 Collins Ave 7-4, Miami Beach, FL 33140

Bedrooms
2
Bathrooms
2
Interior
1,085 sq ft
Price / sq ft
$524/sq ft
Built
1982
Lot
—

The residence

Beautiful, fully furnished 2Bed/2Bath corner unit in Mid-Beach with breathtaking canal, city, and ocean views from a large wraparound balcony. This updated residence features elegant wood floors throughout, floor-to-ceiling impact-resistant glass windows, and a custom walk-in closet. EXCELLENT LOCATION near 41st Street and directly across from the beach and Faena. Includes 1 assigned covered parking space. Portugal Towers offers top amenities: pool, gym, jacuzzi, 24-hour security, and more! Walk to vibrant South Beach, Lincoln Road Mall, cafés, and restaurants. Conveniently close to A+ schools, Mt. Sinai Hospital, and just a 20-minute drive to Miami International Airport.

Property location

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3200 Collins Ave 7-4, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,085 sq ft
Flooring
Ceramic Tile
Cooling
Other
Heating
None
Interior features
Handicap Access

Exterior & Structure

Property type
Condominium
Year built
1982
Stories
15
Architectural style
Other
Construction
Block
Exterior features
Other
Pool
Heated
Waterfront
Bayfront, Canal Front, Intracoastal Access, Ocean Front
View
Bay, Ocean

Parking

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

HOA, Community & Financials

Association fee
$1,470 Monthly
Fee inclusions
Common Areas, Cable Tv
Amenities
Fitness Center, Pool
Security
Door Man
Pets allowed
No, Yes
Annual tax
$7,547
Subdivision
PORTUGAL TOWERS CONDO
County
Miami-Dade
Days on market
0
MLS listing ID
A12120230
Listing status
Active

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

-$1,962

Cap rate
1.6%
Net yield
1.6%
Cash-on-cash return
-14.8%
Gross yield
7.4%
Mortgage payment
$2,697/mo
Down payment
$142,250
Loan amount
$426,750
Annual NOI
$8,824

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

Get More Info About This Property

3200 Collins Ave 7-4, Miami Beach, FL 33140