6061 Collins Avenue 23a, Miami Beach, FL 33140 — MLS photo

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6061 Collins Avenue 23a, Miami Beach, FL 33140

Active · Condominium

$600,000

6061 Collins Avenue 23a, Miami Beach, FL 33140

Beds
2
Baths
2
Living area
1,393 sq ft
$ / sq ft
$431/sq ft
Year built
1982
Lot size
—
HOA fee
$4,936 Quarterly
Annual tax
$2,882

About this property

AUCTION. This affordable condo unit offers ample living space with 2 beds, 2 baths, living room, a den/office, a dining area, and a large kitchen with ample storage. Enjoy ocean views from the attached balcony. Here's your perfect opportunity for a first home. Assigned parking is available, and the secured complex offers ocean views, with direct ocean access and boardwalk, and other great amenities. Don't miss your opportunity. Repairs and updates will be needed. Unit is sold as-is. Buyer must review all HOA requirements and special assessment information with the HOA. NOTE - Past due assessment would need to be remediated by Buyer.

Property location

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6061 Collins Avenue 23a, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,393 sq ft
Flooring
Other
Appliances
None
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, Main Living Area Entry Level

Exterior & Structure

Property type
Condominium
Year built
1982
Stories
23
Lot size
0 sq ft
Architectural style
Other, One Story
Roof
Concrete, Other
Construction
Block
Pool
None, Association, Community
View
Bay, Ocean

Parking

Covered spaces
0
Parking features
Assigned, Covered

HOA, Community & Financials

Association fee
$4,936 Quarterly
Fee inclusions
Common Area Maintenance, Cable Tv, Internet, Security, Trash, Water
Amenities
Pool, Security
Security
Building Security, Door Man, Lobby Secured
Pets allowed
No
Annual tax
$2,882
Subdivision
LE TRIANON CONDO
County
Miami-Dade
Days on market
184
MLS listing ID
B26013840
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,338

Cap rate
3.0%
Net yield
3.0%
Cash-on-cash return
-9.6%
Gross yield
8.3%
Mortgage payment
$2,844/mo
Down payment
$150,000
Loan amount
$450,000
Annual NOI
$18,074

Estimates only — includes 5 % maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.