1658 Bay Rd 504, Miami Beach, FL 33139 — MLS photo

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1658 Bay Rd 504, Miami Beach, FL 33139

Active · Condominium

$535,000

1658 Bay Rd 504, Miami Beach, FL 33139

Beds
1
Baths
2
Living area
858 sq ft
$ / sq ft
$624/sq ft
Year built
1970
Lot size
—
HOA fee
$550
Annual tax
—

About this property

Experience the best of South Beach living in a highly desirable area in this meticulously renovated corner unit. No detail was overlooked. Complete gut renovation. Enjoy peace of mind with a brand-new AC system w/ ductwork, upgraded electric panel, new water heater. The kitchen features premium Quartzite countertop, Bosch appliances, premium marble bathroom w/ custom cabinetry, Kohler sink designed by Daniel Arsham. Porcelain tile flooring flows seamlessly throughout, while custom doors, Legrand outlets, LG washer and dryer add comfort and style. It is a quiet, well-maintained boutique building with full reserves and low HOA fees. Located just steps from Sunset Harbour, Lincoln Road, and the Venetian Causeway, you’re at the epicenter of South Beach’s most vibrant and walkable neighborhood.

Property location

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1658 Bay Rd 504, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
858 sq ft

Exterior & Structure

Property type
Condominium
Year built
1970

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$550
County
Miami-Dade
MLS listing ID
A11778273
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

-$1,531

Cap rate
2.3%
Net yield
2.3%
Cash-on-cash return
-12.3%
Gross yield
6.8%
Mortgage payment
$2,536/mo
Down payment
$133,750
Loan amount
$401,250
Annual NOI
$12,063

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