929 Michigan Ave 5, Miami Beach, FL 33139 — MLS photo

Get More Info About This Property

929 Michigan Ave 5, Miami Beach, FL 33139

Active · Condominium

$375,000

929 Michigan Ave 5, Miami Beach, FL 33139

Beds
1
Baths
1
Living area
650 sq ft
$ / sq ft
$577/sq ft
Year built
1925
Lot size
—
HOA fee
$675 Monthly
Annual tax
$4,708

About this property

Upgraded condo in the heart of South beach, featuring wood floors , plenty of kitchen cabinets, stainless steel appliances, assigned parking space, washer and dryer in the unit, large customized closet with frosted glass doors and renovated bathroom.Location is very quiet, only a few steps from Flamingo park and few blocks from the beach

Property location

Get Directions

929 Michigan Ave 5, Miami Beach, FL 33139

Loading property location…

Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
650 sq ft
Flooring
Hardwood, Wood
Appliances
Dryer, Dishwasher, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Other

Exterior & Structure

Property type
Condominium
Year built
1925
Stories
2
Construction
CBSConcrete Block Structure, Block
Exterior features
Fence
View
Garden

Parking

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

HOA, Community & Financials

Association fee
$675 Monthly
Fee inclusions
Hot Water, Insurance, Sewer, Trash, Water
Amenities
None
Security
Complex Fenced
Pets allowed
Conditional, Yes
Annual tax
$4,708
Subdivision
929 ON MICHIGAN CONDO
County
Miami-Dade
Days on market
589
MLS listing ID
A11754931
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

-$1,083

Cap rate
2.2%
Net yield
2.2%
Cash-on-cash return
-12.4%
Gross yield
7.0%
Mortgage payment
$1,778/mo
Down payment
$93,750
Loan amount
$281,250
Annual NOI
$8,338

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