$373,000
5005 Collins Ave # 304, Miami Beach FL 33140
1
beds
1
baths
942
sqft
Condominium
Built in 1964
$396/sqft
$1,650/mo HOA
0 days on market
About this property
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.
Interior Details
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating & cooling
- Heating: Central
- Cooling: Central Air
Features
- Flooring: Ceramic Floor
Extras
- Appliances: Dishwasher
- Security & Smart Features: Doorman, Secured Garage/Parking, Lobby Secured
- Video & virtual tour: View Virtual Tour
Property Details
Parking
- Garage spaces: 1
- Parking features: 1 Space
Features
- Exterior features: None
- Has water view: Yes
- Waterfront features: Canal Front
Public Info
- Interior Livable Area: 942 sqft
- Year Built: 1964
- APN: 02-32-14-018-0440
- County: Miami-Dade County
Tax Information
- Annual Tax Amount: $5,154
- Tax Year: 2024
HOA Details
- Has HOA: Yes
- Amenities included: Barbecue, Laundry, Community Room, Elevator(s), Exercise Room, Storage
- HOA fee: $1,650/mo
- Application fee: $125
- Pet fee: $0
Price History
| 1/13/2025 |
Listed for Sale
Source: Miami REALTORS® |
$373,000 $395/sqft |
Estimated Monthly Payment
Customize assumptions below to estimate your monthly cost.
Est.
$4,139
Walk Score
63
Somewhat Walkable
50
Bikeable
Kevin McCarthy
Broker & Executive Director of Luxury Sales