Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 700 sq ft
Active · Condominium
$265,000
1611 Michigan Ave 19, Miami Beach, FL 33139
- Beds
- 1
- Baths
- 1
- Living area
- 700 sq ft
- $ / sq ft
- $379/sq ft
- Year built
- 1938
- Lot size
- —
- HOA fee
- $580
- Annual tax
- —
About this property
Unique opportunity to buy a 1 bed that can be easily converted to 2 bed. Exquisitely Renovated top Corner Unit with beautiful garden views and some city views.Spacious living room with lots of natural lights in a small boutique building off Lincoln Rd. Brand New Concrete Restoration ,Electrical & Plumbing Systems, New Bathrooms and New Kitchen with Stainless Steel Appliances. The building just passed 40 years of certification.
Property location
Get Directions1611 Michigan Ave 19, 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
- $580
- County
- Miami-Dade
- MLS listing ID
- A11794853
- 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
-$620
- Cap rate
- 2.9%
- Net yield
- 2.9%
- Cash-on-cash return
- -10.0%
- Gross yield
- 9.0%
- Mortgage payment
- $1,256/mo
- Down payment
- $66,250
- Loan amount
- $198,750
- Annual NOI
- $7,631
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.