601 NE 1st Ave 1803, Miami, FL 33132 — MLS photo

Get More Info About This Property

601 NE 1st Ave 1803, Miami, FL 33132

Active · Condominium

$790,000

601 NE 1st Ave 1803, Miami, FL 33132

Beds
2
Baths
1
Living area
651 sq ft
$ / sq ft
$1,214/sq ft
Year built
2024
Lot size
—
HOA fee
$1,550
Annual tax
—

About this property

PRESTIGIOUS SOUTH BEACH BRAND OPENS FIRST RESIDENTIAL AND HOTEL SKYRISE IN MIAMI DOWNTOWN, 2 BLOCKS FROM THE WATER, KASEYA CENTER, BAYSIDE PARK & SHOPPING MALL, PARAMOUNT WORLDCENTER SHOPPING STREET & 5 MINUTE WALK TO BRICKELL. BRAND-NEW TOWER WITH HIGH QUALITY FINISHES. CORNER UNIT WITH WRAP-AROUND EXTENSIVE TERRACE, FULLY FURNISHED READY TO MOVE IN. 5 STARS HOTEL AMENITIES & SERVICES. DAILY RENTAL ALLOWED IDEAL FOR INVESTORS. *UNIT COMES FULLY FURNISHED READY TO MOVE IN (CHIC/MODERN NEW FURNITNURE PACKAGE INCLUDED). FULLY EQUIPPED KITCHEN WITH HIGH QUALITY APPLIANCES.

Property location

Get Directions

601 NE 1st Ave 1803, Miami, FL 33132

Loading property location…

Facts & features

Interior

Bedrooms
2
Bathrooms
1
Living area
651 sq ft

Exterior & Structure

Property type
Condominium
Year built
2024

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,550
County
Miami-Dade
MLS listing ID
A11869872
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

-$3,997

Cap rate
-0.4%
Net yield
-0.4%
Cash-on-cash return
-21.7%
Gross yield
5.1%
Mortgage payment
$3,745/mo
Down payment
$197,500
Loan amount
$592,500
Annual NOI
-$3,025

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