1502 Jefferson Ave 102, Miami Beach, FL 33139 — MLS photo

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1502 Jefferson Ave 102, Miami Beach, FL 33139

Active · Condominium

$260,000

1502 Jefferson Ave 102, Miami Beach, FL 33139

Beds
0
Baths
1
Living area
437 sq ft
$ / sq ft
$595/sq ft
Year built
1926
Lot size
—
HOA fee
$500 Monthly
Annual tax
$2,903

About this property

BEAUTIFUL AND COZY 1 BEDROOM APARTMENT IN GREAT LOCATION IN SOUTH BEACH. QUIET STREET, FENCED BUILDING. AMAZING UNIT FOR INVESTORS! UNIT IS RENTED TILL FEBRUARY 1ST, 2025 FOR $1,500.

Property location

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1502 Jefferson Ave 102, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
437 sq ft
Flooring
Hardwood, Wood
Appliances
Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
First Floor Entry, Living Dining Room, Other, Separate Shower

Exterior & Structure

Property type
Condominium
Year built
1926
Stories
2
Architectural style
Other
Construction
Block
Exterior features
None
View
Other

Parking

Garage spaces
0
Covered spaces
0
Parking features
Other, On Street

HOA, Community & Financials

Association fee
$500 Monthly
Fee inclusions
Insurance, Sewer, Security, Trash, Water
Amenities
Laundry
Security
Complex Fenced, Intercom, Key Card Entry
Pets allowed
Size Limit, Yes
Annual tax
$2,903
Subdivision
THE ELAINE CONDO
County
Miami-Dade
Days on market
719
MLS listing ID
A11610576
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

-$774

Cap rate
2.1%
Net yield
2.1%
Cash-on-cash return
-12.8%
Gross yield
6.9%
Mortgage payment
$1,233/mo
Down payment
$65,000
Loan amount
$195,000
Annual NOI
$5,499

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