5255 Collins Ave APT 9F

Oceanfront, Miami, FL · Off-market · View on Zillow

5255 Collins Ave APT 9F

$833K somewhere else buys…

1 bedrooms · 2 baths · 1,475 sqft

Built 1963 · 1 Garage space · Pool · $565/sqft (city median $425)

Spacious 1475SF 1 Bedroom 2 Bath apartment located at historic OCEANFRONT BLDG by reputed architect Melvin Grossman. This 9th floor HIGHLY DESIRABLE F-line apartment at Imperial House enjoys stunning DIRECT OCEAN VIEWS. Brand new HURRICANE IMPACT WINDOWS. Charming as is or reconfigure/renovate to personal taste.

What this place offers

  • Private pool
  • Heating: Other
  • Cooling: Zoned
  • 1 Garage space
  • Garage
  • Top school rating 10/10 nearby
  • HOA $2,298 monthly

The numbers

$15K/yr

Property tax (actual rate)

$12K/yr

Insurance est.

Price history

2017$2,700
2019$2,300
2022$510,000
2026 (estimate)$832,900

Up 30748% since 2017

$832,900 estimated value

Not currently for sale — this is what it would likely go for.

Down payment20% · $166,580
%
Mortgage (principal + interest)$4,168
Property tax$1,277
Home insurance$971
HOA / maintenance$2,298
All-in monthly$8,714/mo

You'd need about $373,439/yr in household income (28% rule) plus $166,580 in cash.

Would rent for ~$4,245/mo · 6.1% gross yield

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