55 SE 6th St 1507, Miami, FL 33131 — MLS photo

Active · Condominium

$585,000

55 SE 6th St 1507, Miami, FL 33131

Beds: 2
Baths: 2
Living area: 1,200 sq ft
$ / sq ft: $488/sq ft
Year built: 2008
Lot size: —
HOA fee: $1,565 Monthly
Annual tax: $7,950

About this property

2/2 condo at 500 Brickell with a northern exposure combines luxury, convenience, and stunning views, making it an ideal choice for those seeking a modern urban lifestyle. Split floor plan with stainless steel appliances and beautiful quartz countertops. 24-hour security, gym, spa, and two pools. Perfect for owner-occupants or investors. Centrally located in Brickell. Must See!! Contact listing agent for showing. Max 30 Day Short term rental available.

Property location

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55 SE 6th St 1507, Miami, FL 33131

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Facts & features

Interior

Bedrooms: 2
Bathrooms: 2
Living area: 1,200 sq ft
Flooring: Marble
Appliances: Dryer, Dishwasher, Disposal, Refrigerator, Washer
Cooling: Central Air
Heating: Central
Interior features: Other, Pantry, Split Bedrooms, Walk In Closets
Furnished: Furnished

Exterior & Structure

Property type: Condominium
Year built: 2008
Stories: 43
Architectural style: Other
Construction: CBSConcrete Block Structure, Block
Exterior features: Balcony, Security High Impact Doors
Pool: Association
View: None

Parking

Garage spaces: 1
Covered spaces: 1
Parking features: Assigned, Covered, One Space, Valet

HOA, Community & Financials

Association fee: $1,565 Monthly
Fee inclusions: Parking, Water
Amenities: Business Center, Clubhouse, Elevators, Fitness Center, Pool, Sauna
Security: Door Man, Fire Alarm, Secured Garage Parking, Key Card Entry, Lobby Secured, Security Guard
Pets allowed: Conditional, Yes
Annual tax: $7,950
Subdivision: 500 BRICKELL WEST CONDO
County: Miami-Dade
Days on market: 559
MLS listing ID: A11721425
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.

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Monthly HOA ($)

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Estimated monthly cash flow

-$1,950

Cap rate: 1.7%
Net yield: 1.7%
Cash-on-cash return: -14.3%
Gross yield: 7.7%
Mortgage payment: $2,773/mo
Down payment: $146,250
Loan amount: $438,750
Annual NOI: $9,880

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