Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 446 sq ft
Active · Condominium
$215,000
1611 Michigan Ave 25, Miami Beach, FL 33139
- Beds
- 1
- Baths
- 1
- Living area
- 446 sq ft
- $ / sq ft
- $482/sq ft
- Year built
- 1938
- Lot size
- —
- HOA fee
- $535
- Annual tax
- —
About this property
One bed/one bath, exceptionally located few steps from Lincoln, featuring beautiful hardwood floors,travertine bathrooms nestled in the Monterrey condominium. In the heart of everything: just steps away from stunning beaches and top-notch restaurants. A unique opportunity to experience the city of Miami Beach.
Property location
Get Directions1611 Michigan Ave 25, Miami Beach, FL 33139
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1938
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $535
- County
- Miami-Dade
- MLS listing ID
- A11771359
- 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
-$765
- Cap rate
- 1.4%
- Net yield
- 1.4%
- Cash-on-cash return
- -15.3%
- Gross yield
- 7.8%
- Mortgage payment
- $1,019/mo
- Down payment
- $53,750
- Loan amount
- $161,250
- Annual NOI
- $3,045
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.