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Investment Opportunity

Miami Investmens

5005 Collins Ave # 304 Miami Beach FL 33140 MLS #A11723190

5005 Collins Ave # 304
Miami Beach, FL, 33140
$373,000
1 Beds
1 Bathrooms
942 SqFt
0 Acres
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$373,000
5005 Collins Ave # 304
Miami Beach, FL, 33140
MLS #A11723190 img 0MLS #A11723190 img 1MLS #A11723190 img 2MLS #A11723190 img 3MLS #A11723190 img 4MLS #A11723190 img 5MLS #A11723190 img 6MLS #A11723190 img 7MLS #A11723190 img 8MLS #A11723190 img 9MLS #A11723190 img 10MLS #A11723190 img 11MLS #A11723190 img 12MLS #A11723190 img 13MLS #A11723190 img 14

Project 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

Price:
$373,000
MLS #:
A11723190
Status:
Active
Beds:
1
Bathrooms
1
Address:
5005 Collins Ave # 304
Type:
Condo
Subtype:
Condominium
Subdivision:
THE CARRIAGE CLUB NORTH C
Neighborhood:
The Carriage Club North C
City:
Miami Beach
Date of List
Jan 13, 2025
State:
FL
Finished Sq Ft:
942
Total Sq Ft:
942
ZIP Code
33140
Year Built:
1964

Schools

Interior

Appliances
Dishwasher
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Ceramic Floor
Heating
Central

Exterior

Association Amenities
Barbecue, Laundry, Community Room, Elevator(s), Exercise Room, Storage
Exterior Features
None
Parking Features
1 Space
Security Features
Doorman, Secured Garage/ Parking, Lobby Secured

Financial

HOA Fee
$1,650
HOA Frequency
Monthly
Tax Year
2024
Taxes
$5,154

Map

Quick Information

Profitability of the Property

Net Monthly Income:
Annual Profitability of:
5005 Collins Ave # 304
Miami Beach, FL