Active · Condominium

$518,000

Miami Beach, FL 33140

Beds: 2
Baths: 2
Living area: 930 sq ft
$ / sq ft: $557/sq ft
Year built: 1968
Lot size: —
HOA fee: $1,154 Monthly
Annual tax: $8,268

About this property

Stunning 2 bedroom, 1.5 bath apartment with amazing Intracoastal and Miami Skyline views. Fully remodeled offering direct ocean views from the open kitchen, featuring stainless steel appliances and a designer living room. Spacious en suite master bedroom, the second bedroom is a den with window. The building allows short-term rentals, making it perfect for living full-time, as a vacation home, or renting out when you’re not using it. Amenities include a gym, pool, beach lounge chairs, valet parking, and 24-hour security. ALL included: AC, fiber optic INTERNET&CABLE, hot/cold water, bike storage, package delivery, gym, barbecue area, and use of beach/pool lounges. Brand-new elevators. New carpeting and freshly painted hallways. Live the beachfront lifestyle you’ve always dreamed of!

Property location

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Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms: 2
Bathrooms: 2
Living area: 930 sq ft
Flooring: Ceramic Tile
Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
Cooling: Central Air
Heating: None
Interior features: Bedroom On Main Level, Breakfast Area, Bathtub, Closet Cabinetry, First Floor Entry, Living Dining Room, Elevator

Exterior & Structure

Property type: Condominium
Year built: 1968
Stories: 17
Construction: Block
Exterior features: Balcony, Security High Impact Doors
Pool: Association
Waterfront: Ocean Access, Ocean Front
View: Bay, Canal, Intercoastal

Parking

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

HOA, Community & Financials

Association fee: $1,154 Monthly
Fee inclusions: Amenities, Cable Tv, Hot Water, Sewer, Security, Trash, Water
Amenities: Beach Rights, Fitness Center, Laundry, Barbecue, Picnic Area, Pool, Elevators
Security: Complex Fenced, Key Card Entry, Lobby Secured, Fire Sprinkler System, Smoke Detectors
Pets allowed: Conditional, Yes
Annual tax: $8,268
Subdivision: THE PAVILION CONDO
County: Miami-Dade
Days on market: 383
MLS listing ID: A11762004
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.

Down payment (%)

Interest rate (%)

Loan term (yrs)

Monthly rent ($)

Monthly HOA ($)

Property taxes ($/yr)

Home insurance ($/yr)

Vacancy (%)

Estimated monthly cash flow

-$1,812

Cap rate: 1.5%
Net yield: 1.5%
Cash-on-cash return: -15.0%
Gross yield: 7.2%
Mortgage payment: $2,456/mo
Down payment: $129,500
Loan amount: $388,500
Annual NOI: $7,727

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