2501 Brickell Ave 307, Miami, FL 33129 — MLS photo

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2501 Brickell Ave 307, Miami, FL 33129

Active · Condominium

$605,000

2501 Brickell Ave 307, Miami, FL 33129

Beds
2
Baths
2
Living area
1,075 sq ft
$ / sq ft
$563/sq ft
Year built
1981
Lot size
—
HOA fee
$654 Monthly
Annual tax
$7,303

About this property

Great views, remodeled 2/2 corner unit. Nestled in the heart of Brickell Avenue. Open layout with plentiful natural light. Two bedrooms and two full bathrooms. Large Master bedroom w/ walking closet; a tastefully renovated open kitchen, stainless steel appliances. Wood floors throughout. Two ( 2 ) covered parking spaces. Enjoy the amenities, including a swimming pool, gym, tennis court, billiard room and party room. Situated near Key Biscayne, Coconut Grove, Coral Gables, Downtown and Miami nicest beaches and I-95. This building boasts some of the lowest monthly maintenance fees per square foot in Brickell Avenue. Unit is rented month to month. No rentals allowed for the first two ( 2 ) years of ownership. Seller is a foreigner person, FIRTPA is required.

Property location

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2501 Brickell Ave 307, Miami, FL 33129

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,075 sq ft
Flooring
Hardwood, Wood
Appliances
Dishwasher, Electric Range, Electric Water Heater, Microwave
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Breakfast Bar, Bedroom On Main Level, First Floor Entry, Main Living Area Entry Level, Shower Only

Exterior & Structure

Property type
Condominium
Year built
1981
Stories
12
Architectural style
High Rise
Construction
Block
Exterior features
Balcony
Pool
Association
View
Garden, Other

Parking

Garage spaces
2
Covered spaces
2
Parking features
Assigned, Attached, Covered, Garage

HOA, Community & Financials

Association fee
$654 Monthly
Fee inclusions
Common Areas, Maintenance Structure, Water
Amenities
Elevators, Fitness Center, Pool, Tennis Courts
Security
Door Man, Lobby Secured, Smoke Detectors
Pets allowed
No
Annual tax
$7,303
Subdivision
BRICKELL PARK CONDO
County
Miami-Dade
Days on market
390
MLS listing ID
A11850224
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

-$1,244

Cap rate
3.2%
Net yield
3.2%
Cash-on-cash return
-8.8%
Gross yield
7.1%
Mortgage payment
$2,868/mo
Down payment
$151,250
Loan amount
$453,750
Annual NOI
$19,483

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