305-609-4190
2655 Collins Ave # 503, Miami Beach FL 33140
Active Condominium Waterfront

2655 Collins Ave # 503, Miami Beach FL 33140

Miami Beach, FL, 33140

$650,000

Est. $3,287/mo (20% down)

1
Beds
1.5
Baths
1,190
Sq Ft
1975
Year Built
—
Lot Sq Ft
1
Garage

Photo Gallery (30 photos)

About This Property

Experience effortless Miami Beach living in this beautifully appointed condo, offered fully furnished with high-end designer pieces and fully remodeled. Every detail is in place for a seamless move-in—simply bring your clothes and begin enjoying the Miami Beach lifestyle. The spacious one-bedroom layout is enhanced by a versatile den that can be used as a home office, or private studio. Thoughtfully designed for comfort and style, features impact windows, power operated blinds, premium high-end appliances, built-in ceiling speakers throughout, professional Control4 smart home automation for seamless whole-home control, a generous walk-in closet, assigned covered garage parking, along with convenient guest parking. The oceanfront building offers an impressive collection of amenities, including a large fitness center with new equipment, a sauna, and a game room with a pool table. Just steps from the sand, this exceptional location places acclaimed dining, shopping, cafés, and entertainment within easy reach. Lincoln Road Mall, the Faena Hotel, and the Miami Beach Boardwalk are all within walking distance. Building maintenance also includes basic cable TV, Wi-Fi, and water. Easy to show.

Property Details

MLS #

A12096877

Status

Active

Property Type

Residential

Sub Type

Condominium

Year Built

1975

Days on Market

1

Stories

17

Pool

No

Waterfront

Yes

Price / Sq Ft

$546

HOA Fee

$3,332/mo

Est. Insurance

$217/mo

Tax Year

2025

Tax Amount

$7,055

Garage

1 Car

Lot Size

—

MLS Area

Mirasol Ocean Towers Cond

Subdivision

MIRASOL OCEAN TOWERS COND

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Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$4,225
Est. Monthly Rent
-13.1%
Cap Rate
-65.7%
Cash-on-Cash
$-85,419
Net Operating Income

ROI Projections (4% Annual Appreciation)

-220%
5-Year ROI
Value: $790,824
-417%
10-Year ROI
Value: $962,159
-585%
15-Year ROI
Value: $1,170,613

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

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