1050 Brickell Ave 1602, Miami, FL 33131 — MLS photo

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1050 Brickell Ave 1602, Miami, FL 33131

Active · Condominium

$390,000

1050 Brickell Ave 1602, Miami, FL 33131

Beds
1
Baths
1
Living area
843 sq ft
$ / sq ft
$463/sq ft
Year built
2008
Lot size
—
HOA fee
$1,091
Annual tax
—

About this property

JUST REDUCED--LOWEST PRICED "1" Bedroom UNIT IN THE BUILDING --Spacious and bright 1 bedroom/1 bath corner unit in the heart of the Brickell Financial District. Property features: a spacious balcony--large walk in closet--resort style pool--exercise room--one parking space--concierge service--full size washer & dryer inside the unit--walking distance to Mary Brickell Village--City Center--Metro Rail Station with plenty of restaurants in the area to choose from. The bedroom has carpet, the rest of the unit is tiled. Seller will pay the pending special assessment at Closing.

Property location

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1050 Brickell Ave 1602, Miami, FL 33131

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
843 sq ft

Exterior & Structure

Property type
Condominium
Year built
2008

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,091
County
Miami-Dade
MLS listing ID
A11794694
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

-$1,454

Cap rate
1.2%
Net yield
1.2%
Cash-on-cash return
-16.0%
Gross yield
8.0%
Mortgage payment
$1,849/mo
Down payment
$97,500
Loan amount
$292,500
Annual NOI
$4,740

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