Interior
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 610 sq ft
Active · Condominium
$195,000
577 NE 62 STREET 2, Miami, FL 33138
- Beds
- 2
- Baths
- 1
- Living area
- 610 sq ft
- $ / sq ft
- $320/sq ft
- Year built
- 1925
- Lot size
- —
- HOA fee
- $709
- Annual tax
- —
About this property
Great Investment opportunity in the Mimo District! 2 Beds 1 Bath just steps away from Biscayne Blvd. Unit is currently rented,
Property location
Get Directions577 NE 62 STREET 2, Miami, FL 33138
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1925
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $709
- County
- Miami-Dade
- MLS listing ID
- A11769742
- 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
-$585
- Cap rate
- 2.1%
- Net yield
- 2.1%
- Cash-on-cash return
- -12.9%
- Gross yield
- 10.1%
- Mortgage payment
- $924/mo
- Down payment
- $48,750
- Loan amount
- $146,250
- Annual NOI
- $4,069
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.