Active · Condominium

$899,000

Miami Beach, FL 33140

Beds: 2
Baths: 2
Living area: 1,200 sq ft
$ / sq ft: $749/sq ft
Year built: 1991
Lot size: —
HOA fee: $1,385 Monthly
Annual tax: $11,530

About this property

Welcome to King David Towers. This 1200 sqft corner unit features breathtaking dual-views of the Atlantic Ocean and Intracoastal Waterway, enjoyed from two spacious balconies. Just 1–2 blocks from the beach and boardwalk, walkable to Miami’s top dining and beach clubs. This rare ninth-floor residence delivers luxurious yet functional living. With a newly renovated kitchen and living space, and full-service amenities in a secure, pet-friendly building, this unit is great for enjoying all that Miami Beach living has to offer.

Property location

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Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms: 2
Bathrooms: 2
Living area: 1,200 sq ft
Flooring: Tile
Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
Cooling: Central Air
Heating: Central
Interior features: Breakfast Bar, Bidet, Built In Features, Breakfast Area, Bathtub, Closet Cabinetry, Dual Sinks, First Floor Entry, Kitchen Island, Living Dining Room, Separate Shower, Walk In Closets, Elevator
Furnished: Unfurnished

Exterior & Structure

Property type: Condominium
Year built: 1991
Stories: 14
Architectural style: High Rise
Construction: CBSConcrete Block Structure, Block
Exterior features: Balcony
Pool: Association
View: Intercoastal, Ocean

Parking

Garage spaces: 1
Covered spaces: 1
Parking features: Open, One Space, Garage Door Opener

HOA, Community & Financials

Association fee: $1,385 Monthly
Fee inclusions: Pools, Security, Trash, Water
Amenities: Fitness Center, Pool, Sauna
Security: Door Man, Secured Garage Parking, Lobby Secured, Security Guard, Fire Sprinkler System, Smoke Detectors
Pets allowed: Conditional, Yes
Annual tax: $11,530
Subdivision: KING DAVID TOWERS CONDO
County: Miami-Dade
Days on market: 270
MLS listing ID: A11863653
Listing status: Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Down payment (%)

Interest rate (%)

Loan term (yrs)

Monthly rent ($)

Monthly HOA ($)

Property taxes ($/yr)

Home insurance ($/yr)

Vacancy (%)

Estimated monthly cash flow

-$2,963

Cap rate: 1.7%
Net yield: 1.7%
Cash-on-cash return: -14.1%
Gross yield: 6.2%
Mortgage payment: $4,262/mo
Down payment: $224,750
Loan amount: $674,250
Annual NOI: $15,583

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