690 SW 1st Ct 1227, Miami, FL 33130 — MLS photo

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690 SW 1st Ct 1227, Miami, FL 33130

Active · Condominium

$315,000

690 SW 1st Ct 1227, Miami, FL 33130

Beds
0
Baths
1
Living area
602 sq ft
$ / sq ft
$523/sq ft
Year built
2006
Lot size
—
HOA fee
$750 Monthly
Annual tax
$4,512

About this property

New York–style loft living in the heart of prime Brickell with this rare, south-facing, open-concept studio featuring soaring exposed concrete ceilings, expansive floor-to-ceiling glass, and serene pool views, offered in original condition as an exceptional blank canvas for end-users to add their personal touch and maximize instant equity or for investors seeking strong rental income. Delivered vacant or tenant-occupied on a flexible month-to-month lease, complete with one assigned parking space, direct Miami River and marina access, unbeatable walkability just steps to Brickell City Centre, Mary Brickell Village, and top dining, and full access to luxury resort-style amenities—including an infinity-edge pool, hot tub, spa, sauna, steam room, state-of-the-art fitness center, boxing ring, racquetball court, club room, private event lounges, and resident party spaces—all situated within a financially sound building boasting healthy, fully funded reserves, top-tier management, zero special assessments, and no active litigation, making it easy to show, so text the listing agent for access, showings.

Property location

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690 SW 1st Ct 1227, Miami, FL 33130

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Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
602 sq ft
Flooring
Laminate
Appliances
Dryer, Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central, Electric
Interior features
Built In Features, Bedroom On Main Level, First Floor Entry, Living Dining Room, Main Living Area Entry Level, Elevator
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
2006
Stories
35
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Fence, Security High Impact Doors
Pool
Association
Waterfront
Canal Front
View
Other, Pool, Skyline

Parking

Garage spaces
1
Covered spaces
2
Parking features
Attached Carport, Assigned, Covered, Detached, Garage, One Space

HOA, Community & Financials

Association fee
$750 Monthly
Fee inclusions
Association Management, Common Areas, Maintenance Grounds, Maintenance Structure, Parking, Pools, Recreation Facilities, Sewer, Security, Trash, Water
Amenities
Bike Storage, Business Center, Clubhouse, Community Kitchen, Fitness Center, Hobby Room, Other, Pool, Sauna, Spa Hot Tub, Trash, Elevators
Security
Door Man, Elevator Secured, Key Card Entry, Smoke Detectors
Pets allowed
Cats Ok, Dogs Ok, Pet Fee, Yes
Annual tax
$4,512
Subdivision
NEO VERTIKA CONDO
County
Miami-Dade
Days on market
508
MLS listing ID
A11800957
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

-$1,048

Cap rate
1.7%
Net yield
1.7%
Cash-on-cash return
-14.3%
Gross yield
7.4%
Mortgage payment
$1,493/mo
Down payment
$78,750
Loan amount
$236,250
Annual NOI
$5,343

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