253 NE 2nd St 632, Miami, FL 33132 — MLS photo

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253 NE 2nd St 632, Miami, FL 33132

Active · Condominium

$480,000

253 NE 2nd St 632, Miami, FL 33132

Beds
1
Baths
2
Living area
978 sq ft
$ / sq ft
$491/sq ft
Year built
2008
Lot size
—
HOA fee
$850 Monthly
Annual tax
$5,922

About this property

Beautiful updated 2-story loft 1/1.5 in the center of downtown area. Stunning views directly on Bayfront park and city skylights! Luxury building with 5-star amenities, outside pool, gym and spa in the building. Everything is walkable distance from that location: restaurants, bars, office buildings! Washer and dryer in the unit. Tenant occupied, can be shown with a notice. Owner motivated, price is negotiable!

Property location

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253 NE 2nd St 632, Miami, FL 33132

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
978 sq ft
Flooring
Tile
Appliances
Dishwasher, Disposal
Cooling
Central Air
Heating
Central
Interior features
Kitchen Island, Upper Level Primary, Elevator

Exterior & Structure

Property type
Condominium
Year built
2008
Stories
49
Architectural style
High Rise
Construction
Block
Exterior features
Balcony
Pool
Association
View
City

Parking

Garage spaces
1
Covered spaces
1
Parking features
One Space

HOA, Community & Financials

Association fee
$850 Monthly
Fee inclusions
Association Management, Amenities, Cable Tv, Hot Water, Insurance, Internet, Maintenance Grounds, Parking, Pools, Recreation Facilities, Sewer, Trash, Water
Amenities
Cabana, Clubhouse, Fitness Center, Pool, Sauna, Trash, Elevators
Security
Door Man, Elevator Secured
Pets allowed
Dogs Ok, Yes
Annual tax
$5,922
Subdivision
VIZCAYNE SOUTH CONDO
County
Miami-Dade
Days on market
1
MLS listing ID
A11906473
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

-$1,127

Cap rate
2.9%
Net yield
2.9%
Cash-on-cash return
-10.1%
Gross yield
7.7%
Mortgage payment
$2,275/mo
Down payment
$120,000
Loan amount
$360,000
Annual NOI
$13,782

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