601 NE 1 AVE 3604, Miami, FL 33132 — MLS photo

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601 NE 1 AVE 3604, Miami, FL 33132

Active · Condominium

$600,000

601 NE 1 AVE 3604, Miami, FL 33132

Beds
1
Baths
1
Living area
637 sq ft
$ / sq ft
$942/sq ft
Year built
2024
Lot size
—
HOA fee
$1,279
Annual tax
—

About this property

Welcome to Natiivo/Gale Residences, where modern living meets unmatched flexibility. As the first building designed, built, and licensed specifically for homesharing. This brand-new building redefines what it means to own a home. Enjoy flexible ownership privileges that allow you to live in your residence year-round or list it on any home-sharing platform without restrictions. Designed by the internationally acclaimed Arquitectonica, each fully furnished and equipped residence offers the luxurious services and amenities of a hotel. Amenities include valet parking, pool, restaurants, bars, a lounge, meeting and event rooms, fitness center, a yoga lounge, a playroom, steam room, a sauna, and a game room.

Property location

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601 NE 1 AVE 3604, Miami, FL 33132

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
637 sq ft

Exterior & Structure

Property type
Condominium
Year built
2024

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,279
County
Miami-Dade
MLS listing ID
A11720200
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

-$2,906

Cap rate
-0.1%
Net yield
-0.1%
Cash-on-cash return
-20.8%
Gross yield
5.6%
Mortgage payment
$2,844/mo
Down payment
$150,000
Loan amount
$450,000
Annual NOI
-$740

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