801 S Miami Ave 402, Miami, FL 33130 — MLS photo

Get More Info About This Property

801 S Miami Ave 402, Miami, FL 33130

Active · Condominium

$549,000

801 S Miami Ave 402, Miami, FL 33130

Beds
0
Baths
1
Living area
631 sq ft
$ / sq ft
$870/sq ft
Year built
2018
Lot size
—
HOA fee
$1,626
Annual tax
—

About this property

Stay Part-Time. Profit Full-Time. Beautifully furnished studio at SLS LUX, Brickell's most desirable hotel-residence with only 84 luxury hotel suites. This elegant unit features high ceilings, Smart Home technology, Italian kitchen cabinetry, and in-unit washer/dryer. Perfect for investors, enjoy resort living when you're here (unlimited use, no blackout dates!), while hotel management generates income the rest of the year, or rent it through AIRBNB. Indulge in 5-star amenities: 2 pools, cabanas, poolside bar, BBQ area, gym, spa, tennis, basketball, party room, concierge, and 24/7 security. Incredible walkable location with a perfect 100 Walk Score, just a stone’s throw away from Brickell City Centre and a variety of restaurants. The most modern luxury condo-hotel opportunity in Brickell!

Property location

Get Directions

801 S Miami Ave 402, Miami, FL 33130

Loading property location…

Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
631 sq ft

Exterior & Structure

Property type
Condominium
Year built
2018

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,626
County
Miami-Dade
MLS listing ID
A11897138
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

-$3,037

Cap rate
-0.9%
Net yield
-0.9%
Cash-on-cash return
-23.7%
Gross yield
5.8%
Mortgage payment
$2,603/mo
Down payment
$137,250
Loan amount
$411,750
Annual NOI
-$5,209

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