221 Meridian Ave 206, Miami Beach, FL 33139 — MLS photo

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221 Meridian Ave 206, Miami Beach, FL 33139

Active · Condominium

$354,999

221 Meridian Ave 206, Miami Beach, FL 33139

Beds
1
Baths
1
Living area
621 sq ft
$ / sq ft
$572/sq ft
Year built
1972
Lot size
—
HOA fee
$347
Annual tax
—

About this property

GREAT PLACE TO CALL HOME IN THE BEST PART OF SOUTH BEACH !! VERY NICE PLACE WITH PARKING , REMODELED WALK TO THE BEACH TO THE SHOPS RESTAURANTS ITS A PIECE OF HEAVEN IN SOFI HAS CENTRAL AC, WOOD LOOK FLOORS ELEVATOR, LAUNDRY IN BUILDING , BALCONY, WATER INCLUDED EASY TO SHOW CALL ME TODAY TENANT MONTH TO MONTH DELIVERED VACANT AT CLOSING- SUPER LOW MAINTENANCE AND 50 YEAR RECERTIFICATION BEING PASSED AND PAID BY SELLER MAINTENANCE PAID QUARTERLY

Property location

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221 Meridian Ave 206, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
621 sq ft

Exterior & Structure

Property type
Condominium
Year built
1972

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$347
County
Miami-Dade
MLS listing ID
A11778384
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

-$914

Cap rate
2.6%
Net yield
2.6%
Cash-on-cash return
-11.0%
Gross yield
7.1%
Mortgage payment
$1,683/mo
Down payment
$88,750
Loan amount
$266,249
Annual NOI
$9,221

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