Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 450 sq ft
Active · Condominium
$290,000
1215 West Ave 203, Miami Beach, FL 33139
- Beds
- 1
- Baths
- 1
- Living area
- 450 sq ft
- $ / sq ft
- $644/sq ft
- Year built
- 2016
- Lot size
- —
- HOA fee
- $931
- Annual tax
- —
About this property
South Beach Condo Hotel - the perfect way to get a taste of Miami and let your vacation home make money when you can't be here. Premium west orientation features an oversized balcony with tree-top views above the landscaped palms. 9 foot ceilings and floor to ceiling impact-windows flood the unit with afternoon sun. Relax by the rooftop pool and sundeck, or grab a juice in the 1st floor Joe+Juice. Chic modern coastal interior with kitchenette, combo washer/dryer, walk in closet and modern bath. Unit is in a well-managed rental program that handles everything and delivers a monthly check with no headaches or hassle. Not designed for full-time living though - this is a weekend / pied a terre /investment property! Property does not allow AirBnb! High occupancy and realiable income
Property location
Get Directions1215 West Ave 203, Miami Beach, FL 33139
Loading property location…
Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 2016
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $931
- County
- Miami-Dade
- MLS listing ID
- A11763361
- 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
-$1,487
- Cap rate
- -0.5%
- Net yield
- -0.5%
- Cash-on-cash return
- -22.0%
- Gross yield
- 6.7%
- Mortgage payment
- $1,375/mo
- Down payment
- $72,500
- Loan amount
- $217,500
- Annual NOI
- -$1,346
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.