Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 496 sq ft
Active · Condominium
$249,000
1611 Meridian Ave 102, Miami Beach, FL 33139
- Beds
- 1
- Baths
- 1
- Living area
- 496 sq ft
- $ / sq ft
- $502/sq ft
- Year built
- 1925
- Lot size
- —
- HOA fee
- $576
- Annual tax
- —
About this property
Prime location just steps from Lincoln Rd Mall and only a few blocks from the beach. Experience the best of South Beach living. Washer and dryer in the unit and wifi included in the monthly HOA fees. Tenant occupied, 24 hrs notice.
Property location
Get Directions1611 Meridian Ave 102, Miami Beach, FL 33139
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1925
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $576
- County
- Miami-Dade
- MLS listing ID
- A11715490
- 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
-$876
- Cap rate
- 1.5%
- Net yield
- 1.5%
- Cash-on-cash return
- -15.1%
- Gross yield
- 7.6%
- Mortgage payment
- $1,180/mo
- Down payment
- $62,250
- Loan amount
- $186,750
- Annual NOI
- $3,656
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.