1816 Meridian Ave 18, Miami Beach, FL 33139 — MLS photo

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1816 Meridian Ave 18, Miami Beach, FL 33139

Active · Condominium

$438,000

1816 Meridian Ave 18, Miami Beach, FL 33139

Beds
2
Baths
1
Living area
809 sq ft
$ / sq ft
$541/sq ft
Year built
1956
Lot size
—
HOA fee
$1,137 Monthly
Annual tax
$5,809

About this property

Charming Art Deco Condo hotel building, garden style with beautiful courtyard and tropical landscaping. Full-Service Management and excellent hotel program. Completely furnished, 2 beds vacation home, fully equipped kitchen with Flat screen tv, washer dryer inside the unit. Sleeps up to 5-6 people, queen bed in master bedroom, two twin beds in second bedroom, queen sofa bed in living room. One Parking space that generates additional income. Conveniently located across the Convention Center and walking distance of Lincoln Rd.

Property location

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1816 Meridian Ave 18, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
2
Bathrooms
1
Living area
809 sq ft
Flooring
Ceramic Tile
Appliances
Dryer, Dishwasher, Microwave, Washer
Cooling
Central Air, Electric
Heating
Other
Interior features
Second Floor Entry, Other
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
1956
Stories
2
Architectural style
None
Construction
CBSConcrete Block Structure, Block
Exterior features
Courtyard
View
Garden

Parking

Garage spaces
1
Covered spaces
1
Parking features
One Space

HOA, Community & Financials

Association fee
$1,137 Monthly
Fee inclusions
Common Areas, Cable Tv, Internet, Maintenance Grounds
Amenities
Other
Security
Complex Fenced, Key Card Entry
Pets allowed
No
Annual tax
$5,809
Subdivision
1818 MERIDIAN HOUSE CONDO
County
Miami-Dade
Days on market
321
MLS listing ID
A11891751
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

-$1,558

Cap rate
1.4%
Net yield
1.4%
Cash-on-cash return
-15.2%
Gross yield
7.3%
Mortgage payment
$2,076/mo
Down payment
$109,500
Loan amount
$328,500
Annual NOI
$6,220

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