185 SW 7th St 2300, Miami, FL 33130 — MLS photo

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185 SW 7th St 2300, Miami, FL 33130

Active · Condominium

$349,500

185 SW 7th St 2300, Miami, FL 33130

Beds
0
Baths
1
Living area
580 sq ft
$ / sq ft
$603/sq ft
Year built
2007
Lot size
—
HOA fee
$573
Annual tax
—

About this property

ATTENTION INVESTORS! UNIT IS ALREADY RENTED! BRICKELL RENTED STUDIO. Large and quiet unit. One of the nicer underrated buildings in the area. 1 large balcony facing West with skyline views of Miami river & beautiful sunsets! High ceilings, impact windows with abundance of natural light. Walk-in closet, granite countertops, and stainless steel appliances with open concept layout. Washer & dryer in unit. 1 garage parking space & internet + cable included in HOA. Luxury amenities include new gym, new pool , hot tub, sunset deck, sauna, and meeting room. Desirable location only two blocks from Brickell City Center. Low condo fees. On-site management. UNIT IS RENTED UNTIL AUGUST 31, 2027 FOR $2,450.

Property location

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185 SW 7th St 2300, Miami, FL 33130

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Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
580 sq ft

Exterior & Structure

Property type
Condominium
Year built
2007

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$573
County
Miami-Dade
MLS listing ID
A11908121
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

-$1,183

Cap rate
1.6%
Net yield
1.6%
Cash-on-cash return
-14.5%
Gross yield
6.9%
Mortgage payment
$1,657/mo
Down payment
$87,375
Loan amount
$262,125
Annual NOI
$5,690

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