FOR_SALEExcellent Deal2 days on market

6365 Collins Ave APT 805

6365 Collins Ave APT 805, Miami Beach, FL 33141, Miami Beach, FL 33141
$699,000

Listing Price

Property image 1
6365 Collins Ave APT 805, Miami Beach, FL 33141
Loc: Miami Beach, FL
Days Listed
2
Tax Assessed
$473k
Type
condo

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

7

Biscayne Elementary School

PK-5
1.1 mi away
5

Nautilus Middle School

6-8
2.3 mi away
5

Miami Beach Senior High School

9-12
3.4 mi away
Haven Underwritten Market·Moderate (1.10 - 1.24x)

Miami, FL Investment Analysis (2026)

Cap Rate Range: 5.4% - 6.6% · Median Rent: $3,400/mo · Effective Tax: 0.91%

Open Miami Market Underwrite

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
7.66%
Total ROI
27.9%
Cash Flow
$925/mo
DSCR
1.26
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-08-30Listing removed$3,300$5
2026-08-22Listed for sale$699,000$1,023
2026-08-15Price change$3,300$5
2026-08-09Price change$3,500$5
2026-07-03Price change$3,350$5
2026-06-24Listed for rent$3,400$5
2026-06-24Listing removed$3,500$5
2026-04-19Listed for rent$3,500$5
2025-10-17Listing removed$648,500$949
2025-08-31Price change$648,500$949
2025-06-08Price change$649,000$950
2025-05-05Price change$675,000$988
2025-04-27Listing removed$3,400$5
2025-04-18Listed for sale$700,000$1,025
2025-04-12Price change$3,400$5
2025-03-20Listed for rent$3,500$5
2024-06-29Listing removed$710,000$1,040
2024-03-15Listed for sale$710,000$1,040
2023-11-24Listing removed$0
2023-08-24Price change$650,000$952
2023-08-20Listing removed$0
2023-08-03Listed for sale$675,000$988
2022-04-08Sold$497,000$728
2005-02-23Sold$260,000$381

Tax History

YearProperty TaxTax Assessment
2025$8,870.91$472,860
2024$8,405.33$433,455
2023$7,446.26$394,050
2022$5,689.2$288,970
2021$5,072.25$262,700
2020$5,085.77$262,700
2019$5,920.14$305,500
2018$6,111.37$325,000
2017$6,111.37$306,789
2016$5,842.19$288,295
2015$5,586.57$262,087
2014$5,216.07$238,261
2013$4,030.78$216,601
2012$4,030.78$196,910
2011$4,075.89$196,910
2010$4,259.95$193,050
2009$4,412.45$214,500
2007$6,657.64$330,000
2006$4,856.26$0
2005$4,856.26$0
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
1
Baths
1
Sq Ft
683
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $699,000Rent Basis: Modeled Estimate ($5,592/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $350/mo
Haven ScoreRisky
2/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
6.13%

NOI: $42,836/yr

Cash-on-Cash Yield
-0.4%

On $160,770 invested

DSCR Ratio
0.98x

Negative debt coverage

5-Yr Leveraged ROI
+92.1%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$386/mo
Homeowner / Hazard Insurance-$350/mo
Vacancy Reserve (5% of rent)-$280/mo
Repairs & Maintenance (10% of rent)-$559/mo
Property Management (8% of rent)-$447/mo
Total Pure Operating Expenses-$2,022/mo
Net Investor Cash Flow
Gross Scheduled Rent+$5,592/mo
Less: Operating Expenses-$2,022/mo
Net Operating Income (NOI)+$3,570/mo
Less: Debt Service (30yr @ 6.75%)-$3,627/mo
Net Cash Flow
$-57/mo
$-687/year
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