485 Brickell Ave 2602, Miami, FL 33131 — MLS photo

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485 Brickell Ave 2602, Miami, FL 33131

Active · Condominium

$1,180,000

485 Brickell Ave 2602, Miami, FL 33131

Beds
2
Baths
2
Living area
1,386 sq ft
$ / sq ft
$851/sq ft
Year built
2009
Lot size
—
HOA fee
$4,200
Annual tax
—

About this property

Luxury and 5-star amenities stunning apartment with 2BR/2BR. A panoramic deck with the largest swimming pool complex in the US overlooking the ocean from the 15th floor. And prime location right in the epicenter of Miami’s fine dining, chic shopping, and art scene. Perfect for investors or second home, the building allows Airbnb rentals, making a great opporunity to lease. Enjoy 26rd-floor views of the Ocean, the Miami River, and Downtown. Enjoy the great natural light and large windows. Both bathrooms are generouslysized with a primary suite, offering an end suite bath for added convenience. The open concept leaving and dining area is perfect for entertaining or relaxing. This unit is greatfind for those looking to maximize their investment potential.

Property location

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485 Brickell Ave 2602, Miami, FL 33131

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,386 sq ft

Exterior & Structure

Property type
Condominium
Year built
2009

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$4,200
County
Miami-Dade
MLS listing ID
A11902969
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

-$7,184

Cap rate
-1.6%
Net yield
-1.6%
Cash-on-cash return
-26.1%
Gross yield
5.8%
Mortgage payment
$5,594/mo
Down payment
$295,000
Loan amount
$885,000
Annual NOI
-$19,088

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