5005 Collins Ave #304 Active

Miami Beach,FL 33140

$ 373000

1 Bed

1 Bath

942 SqFt


Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 942 sqft

Price per Sqft $395

Subdivision The Carriage Club North C

MLS Listing ID A11723190

Bedrooms 1

Full Baths 1

HOA Fees $1,650/mo

Min Days of Lease 30

Year Built 1964

Annual Tax Amount $5,154

Tax Year 2024

Property Sub-Type Condominium

Property 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.

Location

State FL

County Miami-dade

Community The Carriage Club North C

Area 32

Interior

Heating Central

Cooling Central Air

Flooring Ceramic Tile

Laundry Common Area

Exterior

Exterior Feature None

Garage Spaces 1.0

Amenities Available Clubhouse,Elevator(s),Fitness Center,Laundry,Barbecue,Picnic Area,Storage

Waterfront Description Bayfront,Canal Front

View Y/N Yes

View Bay,Canal

Building

Structure Type Block

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Pets Allowed No Pet Restrictions,Yes

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11723190

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