5005 Collins Ave # 304, Miami Beach FL 33140

$ 373,000
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Overview

  • Updated On:
  • January 13, 2025
  • 1 Bedrooms
  • 1 Bathrooms
  • 942.00 ft2

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.

Address: 5005 Collins Ave # 304, Miami Beach FL 33140
State/County:
Zip: 33140
Country: United States
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Property Id : 13427682
Price: $ 373,000
Property Size: 942.00 ft2
Bedrooms: 1
Bathrooms: 1
Accessibility Features: Accessible
Building Name: THE CARRIAGE CLUB NORTH C
Unit Number: 304
List Office Name: A Simple Real Estate Co.
Association Amenities: Barbecue,Laundry,Community Room,Elevator(s),Exercise Room,Storage
Association Fee: 1650
Bathrooms Full: 1
Bathrooms Half: 0
Bathrooms Total Decimal: 1
Cooling: Central Air
Frontage Type: Bay
Days On Market: 0
Inclusions: Deeded Beach Access
Flooring: Ceramic Floor
Garage Spaces: 1
Heating: Central
On Market Date: 2025-01-13
Other Equipment: Elevator
Pets Allowed: Yes
Listing Id: A11723190
Lot Size Units: Square Feet
Year Built Details: Condo-Conversion
Street Name: Collins Ave
Street Number: 5005
Street Number Numeric: 5005
View: Bay,Canal
Waterfront Features: Canal Front
Other Features
Dishwasher
Elevator
Has a View
Has Cooling System
Has Garage
Has Heating System
Has Waterfront
Home Owners Association
Lobby
None
Property Attached
Shabbat Elevator
$ 1,912.44
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 1,446.19

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Martha Russomanno