$689,000
For Sale

5445 Collins Ave #627

Miami Beach, FL 33140
400 sqft | 1 bath | #A11707783
Browse 20 photos
Type:Purchase
Structure:Condo
Zone:Residential

Description

“RARE TO MARKET” DIRECT OCEAN VIEW UNIT AND ONE OF 4 UNITS PER FLOOR w/ A BALCONY IN ONE OF THE FEW MIAMI BEACH OCEANFRONT CONDOS ALLOWED BY LAW TO RENT DAILY ….AND THE BEST PART IS, IT’S FULLY FURNISHED WITH A BOOK OF REPEAT BUSINESS (INTACT FOR 7+ YEARS). TURNKEY RENTAL OPERATION, PROFESSIONALLY MANAGED, 90% OCCUPANCY. PERFECT FOR PERSONAL USE OR AS A HIGH-YIELD INVESTMENT. POOL RENOVATION + CONCRETE RESTORATION COMPLETED. NO ASSESSMENTS OR UPCOMING PROJECTS. CASTLE BEACH HAS HAD MANY OFFERS FROM DEVELOPERS ABOVE MARKET VALUE. HOA INCLUDES ELECTRICITY, CABLE TV, WI-FI, LAUNDRY, 24-HR SECURITY + FRONT DESK SERVICES. POOL, TENNIS, FITNESS CENTER, TIKI BAR, RESTAURANT, COFFEE SHOP, BIKE RENTAL, AND MORE. THIS UNIT IS ALWAYS OCCUPIED WITH PAYING GUESTS. CALL LA IN ADVANCE FOR VIRTUAL SHOWING

  • Property Details
      • InteriorLobby, Built-in Features, Closet Cabinetry
      • ViewOcean View, Direct Ocean, Water View
      • SubdivisionCASTLE BEACH CLUB CONDO
      • CountyMiami-Dade County
      • Parking Type1 Space, Valet
      • Property SubtypeCondominium
      • MLS #A11707783
      • MLS #A11707783
      • Property TypePurchase
      • Cost689000
      • Structure TypeCondo
      • Year Built1966
      • Square Feet400
      • Hoa Fees998
      • Stories15
      • Bathrooms1
      • Full Baths1
      • Parking Spaces1
      • Waterfront1

Location

Carlos FornarisCarlos Fornaris Team
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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