Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,128 sq ft
- Flooring
- Hardwood, Marble, Tile, Wood
- Appliances
- Dryer, Dishwasher, Electric Range, Microwave, Refrigerator
- Cooling
- Central Air
- Heating
- Central
- Interior features
- First Floor Entry, Other
Active · Townhouse
$1,200,000
1600 Michigan Ave 7, Miami Beach, FL 33139
- Beds
- 2
- Baths
- 2
- Living area
- 1,128 sq ft
- $ / sq ft
- $1,064/sq ft
- Year built
- 2011
- Lot size
- —
- HOA fee
- $800 Monthly
- Annual tax
- $17,138
About this property
LUXURY THREE LEVEL TOWNHOME. 13 ft ceilings, $28,400 in reserves, sleek modern design, private rooftop terrace, private terraces on every floor, two covered parking spaces, gated entry, striking glass enclosed flex space top deck, spectacular panoramic views of South Beach, half a block to Lincoln road. Very easy to show!
Property location
Get Directions1600 Michigan Ave 7, Miami Beach, FL 33139
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Facts & features
Exterior & Structure
- Property type
- Townhouse
- Year built
- 2011
- Stories
- 4
- Architectural style
- Tri Level
- Construction
- Brick, Block
- Exterior features
- Balcony, Security High Impact Doors, Porch
- View
- Other
Parking
- Garage spaces
- 2
- Covered spaces
- 2
- Parking features
- Two Or More Spaces
HOA, Community & Financials
- Association fee
- $800 Monthly
- Fee inclusions
- Common Areas, Maintenance Structure, Roof, Sewer, Trash, Water
- Amenities
- None
- Security
- Secured Garage Parking
- Pets allowed
- Conditional, Yes
- Annual tax
- $17,138
- Subdivision
- MICHIGAN PLACE CONDO
- County
- Miami-Dade
- Days on market
- 226
- MLS listing ID
- A11907495
- Listing status
- Active
Virtual tour
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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
-$3,820
- Cap rate
- 1.9%
- Net yield
- 1.9%
- Cash-on-cash return
- -13.6%
- Gross yield
- 5.3%
- Mortgage payment
- $5,689/mo
- Down payment
- $300,000
- Loan amount
- $900,000
- Annual NOI
- $22,426
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.