1581 Brickell Ave 2005, Miami, FL 33129 — MLS photo

Get More Info About This Property

1581 Brickell Ave 2005, Miami, FL 33129

Active · Condominium

$1,196,000

1581 Brickell Ave 2005, Miami, FL 33129

Beds
3
Baths
3
Living area
1,895 sq ft
$ / sq ft
$631/sq ft
Year built
1982
Lot size
—
HOA fee
$2,159
Annual tax
—

About this property

Luxury Unit Ocean Front at Villa Regina ,one of the most prestigious buildings in the area. Enjoy breathtaking bay and city views from your spacious wrap-around balcony. Originally a 2-bedroom, 2-bath plus den, now elegantly converted into a 3-bedroom, 3-bath residence with 1,895 sqft. This elegant unit features marble and wood floors, spacious closets, an eat-in kitchen, and a separate dining and living area perfect for entertaining. Expansive balconies invite outdoor enjoyment with stunning ocean and skyline views. Villa Regina offers resort-style amenities, including a bayfront pool deck, fitness center, golf simulator and direct marina access. Boat slip available for rent up to 77 feet. fully funded reserves, no assessments, and passed 40-year certification.

Property location

Get Directions

1581 Brickell Ave 2005, Miami, FL 33129

Loading property location…

Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
1,895 sq ft

Exterior & Structure

Property type
Condominium
Year built
1982

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,159
County
Miami-Dade
MLS listing ID
A11898066
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

-$4,390

Cap rate
1.3%
Net yield
1.3%
Cash-on-cash return
-15.7%
Gross yield
6.7%
Mortgage payment
$5,670/mo
Down payment
$299,000
Loan amount
$897,000
Annual NOI
$15,356

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