Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 456 sq ft
Active · Condominium
$245,000
1526 Pennsylvania Ave 2, Miami Beach, FL 33139
- Beds
- 1
- Baths
- 1
- Living area
- 456 sq ft
- $ / sq ft
- $537/sq ft
- Year built
- 1938
- Lot size
- —
- HOA fee
- $150
- Annual tax
- —
About this property
Part of the FIRST BOUTIQUE RESIDENCE COLLECTION "First on Penn" is a marvelous Art Deco 2 stories building composed by 20 boutique apartments which have been totally renovated & furnished providing a combination of art, sophistication and comfort. This 1/1 front corner unit with plenty of natural light & features beautiful finishes w/marble flooring and beautiful furnitures. Perfect location, Walking distance to the famous Lincoln Road, all amenities, restaurants, beach and more.
Property location
Get Directions1526 Pennsylvania Ave 2, Miami Beach, FL 33139
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1938
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $150
- County
- Miami-Dade
- MLS listing ID
- A11906214
- 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
-$497
- Cap rate
- 3.3%
- Net yield
- 3.3%
- Cash-on-cash return
- -8.7%
- Gross yield
- 7.3%
- Mortgage payment
- $1,161/mo
- Down payment
- $61,250
- Loan amount
- $183,750
- Annual NOI
- $7,976
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.