For SaleRisky Deal0 days on market

5445 Collins Ave APT Bay12

5445 Collins Ave APT Bay12, Miami Beach, FL 33140, Miami Beach, FL 33140
$550,000

Listing Price

Property image 1
5445 Collins Ave APT Bay12, Miami Beach, FL 33140
Loc: Miami Beach, FL
Days Listed
0
Tax Assessed
$395k
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.

10

North Beach Elementary School

PK-5
1.6 mi away
5

Nautilus Middle School

6-8
1.6 mi away
5

Miami Beach Senior High School

9-12
2.6 mi away
Haven Underwritten Market·Moderate DSCR (0.60x)

Miami, FL Investment Analysis (2026)

Cap Rate: 3.71% · Median Rent: $3,400/mo · Effective Tax: 0.91%

Open Miami Market Underwrite

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

beachfrontocean viewtropicalcoastalvacation propertyprime locationsandy beachlifeguard towerlush landscapingsecludedwaterfrontluxurypanoramic view

Haven AI Verdict

Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.09%
Total ROI
91.2%
Cash Flow
$-64/mo
DSCR
0.98
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-64/mo net cash flow with a 6.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • • Favorable cap rate profile (6.1%)
  • • Strong rental demand in Miami Beach
Considerations
  • • Verify historical operating expenses and local tax assessment
  • • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-24Listed for sale$550,000$663
2012-11-09Sold$172,000$207
2011-06-27Listing removed$130,000$157
2011-05-25Listed for sale$130,000$157
2005-11-30Sold$200,000$241
2000-04-20Sold$135,000$163
1995-10-10Sold$105,000$127
1994-10-17Sold$107,600$130
1994-01-31Sold$101,000$122

Tax History

YearProperty TaxTax Assessment
2025$6,939.63$355,922
2024$6,555.09$323,566
2023$6,111.23$294,151
2022$5,296.75$267,410
2021$4,693.8$243,100
2020$4,763.14$243,373
2019$4,497.15$221,249
2018$4,115.13$201,136
2017$4,115.13$182,851
2016$3,955.76$166,229
2015$3,516.88$151,118
2014$2,791.2$137,380
2013$2,812.19$137,380
2012$2,812.19$137,380
2011$2,843.65$137,379
2010$2,755.89$124,890
2009$3,670.08$178,410
2007$1,845.77$91,490
2006$1,614.46$0
2005$1,614.46$0
2004$2,877.05$0
2003$3,310.58$0
2002$2,266.39$0
2001$2,266.39$0
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
1
Baths
1
Sq Ft
830

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