1040 Biscayne Blvd 2607, Miami, FL 33132 — MLS photo

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1040 Biscayne Blvd 2607, Miami, FL 33132

Active · Condominium

$715,000

1040 Biscayne Blvd 2607, Miami, FL 33132

Beds
2
Baths
3
Living area
1,123 sq ft
$ / sq ft
$637/sq ft
Year built
2007
Lot size
—
HOA fee
$1,703
Annual tax
—

About this property

BEST BUILDING IN ALL DOWNTOWN...HUGH RESERVES IN PLACE...THIS UNIT WILL NEED NEW FLOORS BUT OTHERWISE BEAUTIFUL...PRICED TO​​‌​​​​‌​‌​​​​‌​​‌​​​​‌​​​‌‌​​​​ SELL

Property location

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1040 Biscayne Blvd 2607, Miami, FL 33132

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,123 sq ft

Exterior & Structure

Property type
Condominium
Year built
2007

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,703
County
Miami-Dade
MLS listing ID
A11660019
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

-$3,052

Cap rate
0.6%
Net yield
0.6%
Cash-on-cash return
-18.3%
Gross yield
6.7%
Mortgage payment
$3,389/mo
Down payment
$178,750
Loan amount
$536,250
Annual NOI
$4,044

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