Off-Market Condo: 6L at 5555 Collins Ave, Miami Beach, FL 33140
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Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented long-term for an average of $3,535 per month, based on comparable local listings. Estimated long-term cap rate of -4.3%. OCEAN VIEW! Beautiful and remodeled apartment open floor plan with plenty natural light, a modern white kitchen, stainless steel appliances, granite countertops in the best location in Miami Beach, very large balcony where you can sit and relax enjoying the ocean view, you can also enjoy the sun on the private beach and this building includes a heated pool, beach service, spa, jacuzzi, gym, laundry laundry facility in each floor, on-site restaurant LOLA in mezzanine.

Property Information
Monthly Rent
$3,535
Monthly HOA
$1301
Rental Policy
STR Restrictions
Yearly Taxes
$10651
Bedrooms
2
Bathrooms
2
SQFT
1,048
Furnished
N/A
Year built
1967
Listing Status
Off Market
MLS
A11737812

Long-term Rental Potential
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$42,420

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$3,535/mo

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