9 Island Ave 406, Miami Beach, FL 33139 — MLS photo

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9 Island Ave 406, Miami Beach, FL 33139

Active · Condominium

$1,795,888

9 Island Ave 406, Miami Beach, FL 33139

Beds
2
Baths
2
Living area
1,440 sq ft
$ / sq ft
$1,247/sq ft
Year built
1981
Lot size
—
HOA fee
$2,031 Monthly
Annual tax
$11,201

About this property

Luxurious completely renovated unit with direct bay views! Live in Miami Beach's desirable Belle Isle Neighborhood. This unit has beautiful floor to ceiling windows with views of Biscayne Bay and Miami Skyline. The primary bedroom and the guest bedroom, as well as the kitchen and living room all have waterfront views of the bay and the Miami city skyline. This 2 bedroom / 2 bath unit also has 2 balconies. Brand new impact windows and steam shower in the primary bath compliment this home. Full service established building with LUX amenities: security, concierge, valet, gym, party room, boat slips. Children's park + 2 dog parks in front of building. Walking distance to The Standard, Sunset Harbor, Lincoln Road Shops, and trendy restaurants.

Property location

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9 Island Ave 406, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,440 sq ft
Flooring
Tile
Appliances
Dishwasher
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level, Walk In Closets

Exterior & Structure

Property type
Condominium
Year built
1981
Stories
25
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Fence
Pool
Association, Heated
Waterfront
Bayfront
View
Bay, Garden, Intercoastal

Parking

Garage spaces
1
Covered spaces
1
Parking features
Attached, Garage, Two Or More Spaces

HOA, Community & Financials

Association fee
$2,031 Monthly
Fee inclusions
Hvac, Maintenance Structure
Amenities
Marina, Bike Storage, Clubhouse, Community Kitchen, Fitness Center, Playground, Pool
Security
Elevator Secured
Pets allowed
Dogs Ok, Yes
Annual tax
$11,201
Subdivision
NINE ISLAND AVENUE CONDO
County
Miami-Dade
Days on market
452
MLS listing ID
A11834290
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

-$5,748

Cap rate
1.8%
Net yield
1.8%
Cash-on-cash return
-13.7%
Gross yield
5.0%
Mortgage payment
$8,513/mo
Down payment
$448,972
Loan amount
$1,346,916
Annual NOI
$33,191

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