Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,145 sq ft
Active · Condominium
$400,000
7441 Wayne Ave 15E, Miami Beach, FL 33141
- Beds
- 2
- Baths
- 2
- Living area
- 1,145 sq ft
- $ / sq ft
- $349/sq ft
- Year built
- 1964
- Lot size
- —
- HOA fee
- $1,107
- Annual tax
- —
About this property
Bright 2 bed, 2 bath corner unit with panoramic views from your corner unit, top floor balcony of Biscayne Bay, Edgewater, Downtown, Normandy Isle, and North Beach. Features brand-new kitchen appliances, updated countertops, tile floors, and plenty of storage—including a dedicated storage room. Impact windows and doors to be installed in 2026. Full-service building with 24/7 front desk, heated pools, gym, and event room. The building has recently undergone a property wide restoration, with a newly remodeled lobby, new pool and deck, brand new sea wall construction and complete restoration of the facade. Includes 2 parking spaces (1 reserved). Located on peaceful Parkview Island, just a short walk to Normandy Isle shops and restaurants. Easy access to Miami Beach, MiMo, and Little River. Excellent nearby schools. Tenant Occupied until 1/04/27.
Property location
Get Directions7441 Wayne Ave 15E, Miami Beach, FL 33141
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1964
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $1,107
- County
- Miami-Dade
- MLS listing ID
- A11845158
- 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
-$1,025
- Cap rate
- 2.6%
- Net yield
- 2.6%
- Cash-on-cash return
- -11.0%
- Gross yield
- 9.5%
- Mortgage payment
- $1,896/mo
- Down payment
- $100,000
- Loan amount
- $300,000
- Annual NOI
- $10,455
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.