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5445 Collins Ave , P2

Miami Beach, FL 33140
  • $2,900,000
  • STATUS: Active
  • ON SITE: 41 Days
  • MLS #: A11293009
Price Reduced
$2,900,000
  • 2
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 2,070
    SQFT
  • $1,401
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1966
County:

School Information

Elementary School:
High School:

Description

This gorgeous two-story oceanfront condo is the perfect income producing property. No rental restrictions. Currently being rented short term with VRBO/Home Away. Projected income for 2022 is $160,000. Generate income while waiting for a potential developer to buy out the building and receive from them a generous sum much higher than the market value. Spectacular ocean views throughout the unit. Completely renovated with impeccable taste. Just steps to the beautiful sandy beach. Turkish Bath in the building. Building renovations/improvements will be taking place.

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Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-12-05T23:50:23.713.
www.rileysmithgroup.com/homes/134248727
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5445 Collins Ave , P2 Miami Beach, FL 33140

  • Price: $2,900,000
  • Status: Active
  • On Site: 41 Days
  • MLS #: A11293009
2
Beds
2
Baths
1
½ Baths
N/A
Acres
2,070
SQFT
$1,401
$/SQFT
1966
Built
Neighborhood:
Castle Beach Club Condo
County:
Miami-Dade
Area:
Castle Beach Club Condo
Elementary School:
North Beach
High School:
Miami Beach
Property Description
This gorgeous two-story oceanfront condo is the perfect income producing property. No rental restrictions. Currently being rented short term with VRBO/Home Away. Projected income for 2022 is $160,000. Generate income while waiting for a potential developer to buy out the building and receive from them a generous sum much higher than the market value. Spectacular ocean views throughout the unit. Completely renovated with impeccable taste. Just steps to the beautiful sandy beach. Turkish Bath in the building. Building renovations/improvements will be taking place.
Exterior Features

Attached Garage YN Yes Carport Spaces 0 Construction Materials Cbs Construction Covered Spaces 1 Direction Faces East Exterior Features Open Balcony Garage YN Yes Inclusions Other Parking Features ValetNo Rv/BoatsNo Trucks/Trailers Patio And Porch Features Open Balcony Pool Private YN No Property Attached YN Yes View Ocean ViewDirect Ocean View YN Yes Waterfront Features Ocean AccessOcean Front Waterfront YN Yes

Interior Features

Adjusted Square Footage 2070 Appliances DishwasherDisposalDryerIce MakerMicrowaveElectric RangeRefrigeratorSelf Cleaning OvenWasher Building Area Total 2070 Cooling Central Air Entry Level 2 Entry Location Foyer Flooring ConcreteMarble Furnished Furniture Negotiable Heating Central Heating YN Yes Interior Features Interior HallLobbyFirst Floor EntryBarBuilt-In FeaturesEntrance FoyerRoman TubVolume CeilingsWalk-In Closet(S)LoftStorageUtility Room/Laundry Laundry Features Utility Room/LaundryCommon Area Master Bathroom Features 2 Master BathroomsDual SinksSeparate Tub & ShowerWhirlpool/Spa Room Bedroom Features At Least 1 Bedroom Ground LevelMaster Bedroom Upstairs Room Dining Room Features Dining/Living RoomSnack Bar/Counter Window Features Complete Impact GlassHigh Impact WindowsImpact Glass

Property Features

Association Amenities BarBike/Jog PathElevator(S)Exercise RoomHeated PoolTennis Court(S)Trash Chute Association Fee 0 Association Fee Frequency Monthly Association YN Yes Building Name Castle Beach Club Condo Cooling YN Yes Horse YN No Land Lease Amount 0 Listing Terms All CashConventional Maintenance Expense 1136 Maintenance Includes All AmenitiesBuilding ExteriorCable TvElectricElevatorInternet/WifiLandscaping/Lawn MaintenanceLaundry FacilitiesLegal/AccountingManagerOutside MaintenanceParkingPool ServiceRecreation FacilitiesSecuritySewerTrash RemovalWater Membership Purch Rqd YN No New Construction YN No Pets Allowed Maximum 20 Lbs Property Condition Updated/RemodeledCompletely RenovatedNew Construction Property Sub Type Condominium Public Survey Section 14 Restrictions Ok To LeaseOkay To Lease 1st Year Security Features Smoke DetectorDoormanSecured Garage/ParkingLobby Secured Senior Community YN No Structure Type Condo-HotelCondo Tax Annual Amount 15972 Tax Year 2020 Year Built Details New Construction

Listing courtesy of Rent & Own Realty Llc: 305-918-9981.


Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-12-05T23:50:23.713.
 
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