INVESTOR OPPORTUNITY! Long-Term Tenant in Place Breathtaking direct Intracoastal views from this updated 1 bed / 1 bath condo on Miami Beach’s coveted “Millionaires Row. ” Features include a custom walk-in closet, brand-new air conditioning, and building a

5005 Collins Ave, Miami Beach, FL 33140, USA

$373,000 USD 1 1
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Address5005 COLLINS AVE #304, Miami Beach
Building NameTHE CARRIAGE CLUB NORTH C
Type of PropertyCondominium
Price$373,000
Property StatusActive
MLS NumberA11723190
Bedrooms Number1
Full Bathrooms Number1
Living Area942
Year Built1964
Garage Spaces Number1
Folio Number02-32-14-018-0440
Days on Market131

Detailed Description: INVESTOR OPPORTUNITY! Long-Term Tenant in Place Breathtaking direct Intracoastal views from this updated 1 bed / 1 bath condo on Miami Beach’s coveted “Millionaires Row. ” Features include a custom walk-in closet, brand-new air conditioning, and building amenities like direct beach access, Olympic-sized pool, Jacuzzi, on-site beauty salon, and covered parking. Excellent investment potential—can be rented up to 3 times per year. Current tenant lease: $2,700 / month (09/01/2024–08/31/2025) with 5 years of renewal history and annual $100 increases. Seller will cover assessments upon sale.

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Pets Allowed

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Address Information
StateFlorida
CityMiami Beach
CountyMiami-Dade County
Zip Code33140
Address5005 COLLINS AVE
Section14
Zip Code (4 Digits)2735
Google Location Info5005 Collins Ave, Miami Beach, FL 33140, USA
Financial Information
Price$373,000
Price per Foot$0
Folio Number02-32-14-018-0440
Maintenance Charge Month$1,650
Association Fee PaidMonthly
Association Fee$1,650
Tax Amount$5,154
Tax Year2024
Full Descriptions
Detailed DescriptionINVESTOR OPPORTUNITY! Long-Term Tenant in Place Breathtaking direct Intracoastal views from this updated 1 bed / 1 bath condo on Miami Beach’s coveted “Millionaires Row. ” Features include a custom walk-in closet, brand-new air conditioning, and building amenities like direct beach access, Olympic-sized pool, Jacuzzi, on-site beauty salon, and covered parking. Excellent investment potential—can be rented up to 3 times per year. Current tenant lease: $2,700 / month (09/01/2024–08/31/2025) with 5 years of renewal history and annual $100 increases. Seller will cover assessments upon sale.
Property ViewBay, Canal
Water AccessDeeded Beach Access
Waterfront DescriptionCanal Front
Floor DescriptionCeramic Floor
Interior FeaturesLobby, Elevator, Shabbat Elevator
Exterior FeaturesNone
Equipment AppliancesDishwasher
AmenitiesBarbecue, Laundry, Community Room, Elevator (s), Exercise Room, Storage
Cooling DescriptionCentral Air
Heating DescriptionCentral
Parking Description1 Space
Pet RestrictionsYes
Property parameters
Bedrooms Number1
Full Baths Number1
Living Area942
Year Built1964
Type of PropertyCondominium
Building NameTHE CARRIAGE CLUB NORTH C
Development NameTHE CARRIAGE CLUB NORTH C
Garage Spaces Number1
Listed withA Simple Real Estate Co.