2900 NE 7th Ave 2008, Miami, FL 33137 — MLS photo

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2900 NE 7th Ave 2008, Miami, FL 33137

Active · Condominium

$649,900

2900 NE 7th Ave 2008, Miami, FL 33137

Beds
1
Baths
2
Living area
790 sq ft
$ / sq ft
$823/sq ft
Year built
2017
Lot size
—
HOA fee
—
Annual tax
—

About this property

LOWEST PRICED UNIT IN THE 08 LINE. Views of Biscayne Bay & Edgewater through floor-to-ceiling windows & doors. This fabulous 1 bedroom + den w/2 bathrooms includes 1 parking spot, private elevator w/foyer, spacious balconies, & Miele appliances. Building amenities are among the best in Edgewater w/concierge; security; valet; 2 tennis courts; basketball; dog park; Gorgeous Beach Club w/2 pool decks & cabanas, day beds, chaise lounges, & summer kitchens; spa w/ treatment rooms, locker rooms, sauna, & stream room; fitness center; library; theatre; pool tables; business center, & bay-walk! Balconies currently under construction. Unit is rented until March 2026 (Negotiable).

Property location

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2900 NE 7th Ave 2008, Miami, FL 33137

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
790 sq ft

Exterior & Structure

Property type
Condominium
Year built
2017

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$0
County
Miami-Dade
MLS listing ID
A11757375
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

-$1,601

Cap rate
2.7%
Net yield
2.7%
Cash-on-cash return
-10.6%
Gross yield
5.9%
Mortgage payment
$3,081/mo
Down payment
$162,475
Loan amount
$487,425
Annual NOI
$17,760

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