16901 NE 13th Ave 306, Miami, FL 33162 — MLS photo

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16901 NE 13th Ave 306, Miami, FL 33162

Active · StockCooperative

$69,900

16901 NE 13th Ave 306, Miami, FL 33162

Beds
1
Baths
1
Living area
688 sq ft
$ / sq ft
$102/sq ft
Year built
1964
Lot size
—
HOA fee
$435
Annual tax
—

About this property

CHARMING turnkey co-op in Mar-Len Garden, this beautifully furnished residence in a 55+ Community and steps from the pool. Enjoy a safe gated community with 2 pools, clubhouse, pickleball, gym, and more! Just 3 miles to the beach and close to Aventura Mall, restaurants,casino and stores. COOP with land lease, cash only. No rental allowed in 1st year, then once a year for max 4 months. Total fees: $750/month (maintenance, land lease, taxes, reserve).

Property location

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16901 NE 13th Ave 306, Miami, FL 33162

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
688 sq ft

Exterior & Structure

Property type
StockCooperative
Year built
1964

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$435
County
Miami-Dade
MLS listing ID
A11903942
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

$311

Cap rate
11.0%
Net yield
11.0%
Cash-on-cash return
19.1%
Gross yield
24.6%
Mortgage payment
$331/mo
Down payment
$17,475
Loan amount
$52,425
Annual NOI
$7,707

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