Active · Condominium

$490,000

Miami, FL 33131

Beds: 0
Baths: 1
Living area: 495 sq ft
$ / sq ft: $990/sq ft
Year built: 2009
Lot size: —
HOA fee: $1,200 Monthly
Annual tax: $7,116

About this property

Luxury and 5-star amenities come with this spacious studio. 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. Enjoy 43rd-floor views of the city, the Miami River, and Downtown Miami. Feel at home as everything you need is in the apartment, or relax in the 5000 sq ft aqua therapy spa, and keep fit in the fully equipped fitness center.

Property location

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Miami, FL 33131

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Facts & features

Interior

Bedrooms: 0
Bathrooms: 1
Living area: 495 sq ft
Flooring: Ceramic Tile
Appliances: Built In Oven, Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Cooling: Central Air
Heating: None
Interior features: First Floor Entry, Elevator, Bar

Exterior & Structure

Property type: Condominium
Year built: 2009
Stories: 50
Architectural style: High Rise
Construction: Block
Exterior features: Balcony
Pool: Association
View: Water

Parking

Garage spaces: 0
Covered spaces: 0
Parking features: Valet

HOA, Community & Financials

Association fee: $1,200 Monthly
Fee inclusions: Amenities
Amenities: Cabana, Elevators, Fitness Center, Pool, Spa Hot Tub
Security: Elevator Secured, Fire Alarm
Pets allowed: Size Limit, Yes
Annual tax: $7,116
Subdivision: ICON BRICKELL CONDO NO 3
County: Miami-Dade
Days on market: 318
MLS listing ID: A11902974
Listing status: Active

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Down payment (%)

Interest rate (%)

Loan term (yrs)

Monthly rent ($)

Monthly HOA ($)

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Estimated monthly cash flow

-$2,387

Cap rate: -0.2%
Net yield: -0.2%
Cash-on-cash return: -20.9%
Gross yield: 5.5%
Mortgage payment: $2,323/mo
Down payment: $122,500
Loan amount: $367,500
Annual NOI: -$765

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