218 NW 12th Ave 702, Miami, FL 33128 — MLS photo

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218 NW 12th Ave 702, Miami, FL 33128

Active · Condominium

$250,000

218 NW 12th Ave 702, Miami, FL 33128

Beds
1
Baths
1
Living area
718 sq ft
$ / sq ft
$348/sq ft
Year built
2007
Lot size
—
HOA fee
$409 Monthly
Annual tax
$2,999

About this property

Leased at $1,900/month until November 2025, this charming 1-bedroom, 1-bathroom unit sits in the vibrant heart of Miami. Recently refreshed with a new coat of paint and sleek wood laminate floors, it offers a spacious balcony ideal for relaxation or entertaining. Located just minutes from Brickell Avenue and Downtown Miami, you’ll enjoy unparalleled access to premier dining, shopping, and entertainment. An exceptional opportunity to be part of one of Miami's most desirable neighborhoods!

Property location

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218 NW 12th Ave 702, Miami, FL 33128

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
718 sq ft
Flooring
Laminate
Appliances
Dryer, Electric Range, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Other, Pantry, Elevator

Exterior & Structure

Property type
Condominium
Year built
2007
Stories
12
Architectural style
Other
Construction
Block
Exterior features
Balcony
View
Intercoastal

Parking

Garage spaces
1
Covered spaces
1
Parking features
One Space

HOA, Community & Financials

Association fee
$409 Monthly
Fee inclusions
Insurance
Amenities
None
Security
Other, Fire Sprinkler System
Pets allowed
Conditional, Yes
Annual tax
$2,999
Subdivision
DIAMOND TOWER CONDO
County
Miami-Dade
Days on market
448
MLS listing ID
A11665783
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

-$208

Cap rate
4.7%
Net yield
4.7%
Cash-on-cash return
-3.6%
Gross yield
9.5%
Mortgage payment
$1,185/mo
Down payment
$62,500
Loan amount
$187,500
Annual NOI
$11,727

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