305-609-4190
2899 Collins Ave # 521, Miami Beach FL 33140
Active Condominium Waterfront

2899 Collins Ave # 521, Miami Beach FL 33140

Miami Beach, FL, 33140

$319,000

Est. $1,613/mo (20% down)

1
Beds
1
Baths
600
Sq Ft
1966
Year Built
—
Lot Sq Ft
1
Garage

Photo Gallery (28 photos)

About This Property

Fantastic 1BD condo with ocean views from a private balcony in an unbeatable Mid-Beach location next to the EDITION Hotel. Located directly on the beach and boardwalk in the heart of the Faena District, Triton Tower offers oceanfront access, two heated pools, a fitness center, 24-hour security, complimentary beach chairs and umbrellas, plus on-site restaurants and a grocery store. The building recently completed a multimillion-dollar 50-year recertification and maintains partial reserves, while offering one of the lowest association fees in the area. Parking is available for rent through an easy-to-work-with association. The unit features hurricane-impact windows and a spacious walk-in closet large enough to double as an office or nursery. Enjoy easy access to South Beach, Lincoln Road, restaurants, theaters, and some of Miami Beach’s most desirable hotels and dining destinations. One of the best values in the building! Check the comps! Easy to show. Don’t miss this opportunity to own your own piece of Miami Beach paradise.

Property Details

MLS #

A12105169

Status

Active

Property Type

Residential

Sub Type

Condominium

Year Built

1966

Stories

14

Pool

No

Waterfront

Yes

Price / Sq Ft

$532

HOA Fee

$150/mo

Est. Insurance

$106/mo

Tax Year

2025

Tax Amount

$4,885

Garage

1 Car

Lot Size

—

MLS Area

Triton Tower Condo

Subdivision

TRITON TOWER CONDO

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Flood Zone & Insurance

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

Investment Analysis

$2,074
Est. Monthly Rent
-2.9%
Cap Rate
-14.3%
Cash-on-Cash
$-9,120
Net Operating Income

ROI Projections (4% Annual Appreciation)

37%
5-Year ROI
Value: $388,112
97%
10-Year ROI
Value: $472,198
186%
15-Year ROI
Value: $574,501

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

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