Interior
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 851 sq ft
Active · Condominium
$499,000
1816 Meridian Ave 13, Miami Beach, FL 33139
- Beds
- 2
- Baths
- 1
- Living area
- 851 sq ft
- $ / sq ft
- $586/sq ft
- Year built
- 1956
- Lot size
- —
- HOA fee
- $1,194
- Annual tax
- —
About this property
Nightly Rental is Okay. This property can be rented nightly like a hotel. Investor's Dream!!! Boutique Condo Hotel across from Convention Center. Luxury Turn Key in an excellent Hotel Program. Full Service Management. Fully furnished, (exquisite). 2 bed vacation Home, 1 block from Lincoln Rd. Fully equipped kitchen. Flat screen tv. Very easy to show.
Property location
Get Directions1816 Meridian Ave 13, Miami Beach, FL 33139
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1956
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $1,194
- County
- Miami-Dade
- MLS listing ID
- A11717902
- 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
-$2,027
- Cap rate
- 0.8%
- Net yield
- 0.8%
- Cash-on-cash return
- -17.4%
- Gross yield
- 7.0%
- Mortgage payment
- $2,366/mo
- Down payment
- $124,750
- Loan amount
- $374,250
- Annual NOI
- $4,061
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.