5445 Collins Avenue, Miami Beach, FL 33140

$2,400,000

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List Price
$2,400,000
Days on Market
54
MLS#
A12029398
Year Built
1966
MLS Area Major
2320

Property Description

Unique investment opportunity featuring a package of 6 fully furnished studio residences at Castle Beach Club, located directly on the ocean in the heart of Miami Beach’s prestigious Millionaire’s Row. This income-producing portfolio includes units 1730, 1232, 1424, 928, 724, and 1203, offering exceptional flexibility for short-term rentals, vacation stays, or Airbnb operations with no rental limitations. The building offers resort-style amenities including beachfront access, swimming pool, fitness center, valet parking, and on-site conveniences, all just minutes from South Beach, Lincoln Road, and Bal Harbour Shops. Strong rental demand and Miami Beach’s year-round tourism make this an attractive opportunity for investors seeking immediate cash flow and future value appreciation.

Additional Information

Taxes
$35,903
Hoa Fee
$5,235
Utilities
Cable Available, Sewer Available
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block
Roof
Other
Elementary School
North Beach
Middle School
Miami Beach Nautilus
High School
Miami Beach

Listing courtesy of Golden Keys Inc.

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Calculator source: Real Geeks