540 Brickell Key Dr 1524, Miami, FL 33131 — MLS photo

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540 Brickell Key Dr 1524, Miami, FL 33131

Active · Condominium

$399,000

540 Brickell Key Dr 1524, Miami, FL 33131

Beds
1
Baths
2
Living area
640 sq ft
$ / sq ft
$623/sq ft
Year built
1991
Lot size
—
HOA fee
$828
Annual tax
—

About this property

Indulge in the Brickell Key Island lifestyle owing this spectacular 1bed 1.5bath condo with beautiful water views from the 15th floor. Tile floors throughout, spacious living/dining room area with lots of light. Building located in one of Miami's most exclusive islands communities, steps from Brickell financial district, world class shopping, dining and entertainment. Building's amenities include heated pool, jacuzzi, gym, dry sauna, tennis courts, racquetball, children's playroom, renovated lobby, concierge, security and valet parking. Island offers private park, scenic maritime promenade.

Property location

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540 Brickell Key Dr 1524, Miami, FL 33131

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
640 sq ft

Exterior & Structure

Property type
Condominium
Year built
1991

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$828
County
Miami-Dade
MLS listing ID
A11848097
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

-$1,560

Cap rate
1.0%
Net yield
1.0%
Cash-on-cash return
-16.8%
Gross yield
6.8%
Mortgage payment
$1,891/mo
Down payment
$99,750
Loan amount
$299,250
Annual NOI
$3,979

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