Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 639 sq ft
- Flooring
- Tile
- Appliances
- Dishwasher, Disposal, Gas Range, Refrigerator
- Cooling
- Wall Window Units
- Heating
- Wall Furnace
- Interior features
- Bedroom On Main Level, First Floor Entry
Active · Condominium
$160,000
8040 Tatum Waterway Dr 3, Miami Beach, FL 33141
- Beds
- 1
- Baths
- 1
- Living area
- 639 sq ft
- $ / sq ft
- $250/sq ft
- Year built
- 1963
- Lot size
- —
- HOA fee
- $605 Monthly
- Annual tax
- $2,914
About this property
One bedroom unit for sale at Creek Club #3 Condo, situated in North Beach's "Historic Tatum Waterway District". This classic Miami Beach garden style condo complex features only 20 units in a quaint, residential pocket with close walking distance to the beaches. Complex has recently been upgraded with a new roofing system, brilliant new paint job, and more. Attainable price point in on of Miami Beach's best kept secrets. Complex is located adjacent to the Tatum Waterway Park with amenities such as beach volleyball courts, children's play areas, pavilion for gatherings, and walking paths. Unit is vacant and easy to show.
Property location
Get Directions8040 Tatum Waterway Dr 3, Miami Beach, FL 33141
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1963
- Stories
- 2
- Architectural style
- Garden Apartment
- Construction
- Block
- Exterior features
- Fence, Other
- Waterfront
- Canal Access
- View
- Garden
Parking
- Garage spaces
- 0
- Covered spaces
- 0
- Parking features
- Guest, On Street
HOA, Community & Financials
- Association fee
- $605 Monthly
- Fee inclusions
- Association Management, Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Reserve Fund, Sewer, Trash, Water
- Security
- Complex Fenced
- Pets allowed
- Conditional, Yes
- Annual tax
- $2,914
- Subdivision
- CREEK CLUB #3 CONDO
- County
- Miami-Dade
- Days on market
- 337
- MLS listing ID
- A11897091
- Listing status
- Active
Virtual tour
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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
-$275
- Cap rate
- 3.6%
- Net yield
- 3.6%
- Cash-on-cash return
- -7.4%
- Gross yield
- 11.9%
- Mortgage payment
- $758/mo
- Down payment
- $40,000
- Loan amount
- $120,000
- Annual NOI
- $5,798
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.