2951 S Bayshore Dr 417, Miami, FL 33133 — MLS photo

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2951 S Bayshore Dr 417, Miami, FL 33133

Active · Condominium

$620,000

2951 S Bayshore Dr 417, Miami, FL 33133

Beds
1
Baths
1
Living area
650 sq ft
$ / sq ft
$954/sq ft
Year built
1998
Lot size
—
HOA fee
$548 Monthly
Annual tax
$4,313

About this property

BEST LOCATION!!!!!!!!!! Coconut Grove's lowest price bay view condo! Dog OK. There are yacht clubs, marinas, parks, and a public sailing club directly across the street. Ritz Carlton, restaurants, movies, Fresh Market, CVS, art galleries, UPS store all within walking distance. Condo is 650 sq. ft. and has a beautiful balcony. Investors: rent for any length of stay, even nightly rentals allowed. Room service, valet, lobby restaurant, and concierge

Property location

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2951 S Bayshore Dr 417, Miami, FL 33133

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
650 sq ft
Flooring
Carpet, Marble
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, First Floor Entry, Bar

Exterior & Structure

Property type
Condominium
Year built
1998
Stories
12
Construction
Block
Exterior features
Security High Impact Doors
Pool
Association
View
None

Parking

Garage spaces
1
Covered spaces
1
Parking features
One Space, Garage Door Opener

HOA, Community & Financials

Association fee
$548 Monthly
Fee inclusions
Amenities
Amenities
Pool, Sauna
Security
Door Man, Elevator Secured, Fire Alarm
Pets allowed
Size Limit, Yes
Annual tax
$4,313
Subdivision
THE MUTINY CONDO
County
Miami-Dade
Days on market
1364
MLS listing ID
A11203862
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,621

Cap rate
2.6%
Net yield
2.6%
Cash-on-cash return
-11.2%
Gross yield
5.6%
Mortgage payment
$2,939/mo
Down payment
$155,000
Loan amount
$465,000
Annual NOI
$15,821

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.