Cays Realty
1200 Brickell Bay Dr 2007, Miami, FL 33131 — MLS photo

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1200 Brickell Bay Dr 2007, Miami, FL 33131

Active · Condominium

$590,000

1200 Brickell Bay Dr 2007, Miami, FL 33131

Beds
1
Baths
1
Living area
778 sq ft
$ / sq ft
$758/sq ft
Year built
2004
Lot size
—
HOA fee
$585 Monthly
Annual tax
$6,000

About this property

1/1 BAY VIEW AT RENOWNED building "THE CLUB AT BRICKELL BAY" in the HEART OF BRICKELL. LOCATION LOCATION GREAT INCOME PRODUCING UNIT. AIRBNB APPROVED. NO SHORT TERM RENTAL RESTRICTIONS. CLOSING COSTS ASSISTANCE. Potential AIRBNB INCOME of $120,000/year!!!! The building has many great amenities: two pools, jacuzzi, fully equipped gym, lounge room children playroom and valet parking. Located in Miami's financial district, indulge in convenience with shops, restaurants, and public transportation at your doorstep. Don't miss out on this incredible opportunity. HOA includes Internet, cable and water. PRIVATE LOAN AVAILABLE WITH MINIMUM 30% Down Payment plus closing costs.

Property location

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1200 Brickell Bay Dr 2007, Miami, FL 33131

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
778 sq ft
Flooring
Concrete
Appliances
Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, Bathtub, First Floor Entry, Main Level Primary, Walk In Closets, Elevator

Exterior & Structure

Property type
Condominium
Year built
2004
Stories
43
Architectural style
High Rise
Construction
Block
Exterior features
Balcony, Other
Pool
Association
Waterfront
Bayfront
View
Bay, Pool, Water

Parking

Garage spaces
1
Covered spaces
1
Parking features
Covered, Valet

HOA, Community & Financials

Association fee
$585 Monthly
Fee inclusions
Amenities, Common Areas, Hot Water, Insurance, Pools, Sewer, Security, Water
Amenities
Business Center, Clubhouse, Fitness Center, Pool, Elevators
Security
Elevator Secured, Key Card Entry, Lobby Secured, Security Guard
Pets allowed
Conditional, Yes
Annual tax
$6,000
Subdivision
THE CLUB AT BRICKELL BAY
County
Miami-Dade
Days on market
610
MLS listing ID
A11722837
Listing status
Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,505

Cap rate
2.6%
Net yield
2.6%
Cash-on-cash return
-10.9%
Gross yield
6.1%
Mortgage payment
$2,797/mo
Down payment
$147,500
Loan amount
$442,500
Annual NOI
$15,498

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