1110 NW 1 ST 502, Miami, FL 33128 — MLS photo

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1110 NW 1 ST 502, Miami, FL 33128

Active · Condominium

$334,000

1110 NW 1 ST 502, Miami, FL 33128

Beds
1
Baths
1
Living area
622 sq ft
$ / sq ft
$537/sq ft
Year built
2023
Lot size
—
HOA fee
$523
Annual tax
—

About this property

Investors Dream ! Rented for $2200 until July 2027. Potential great income with flexible rental restrictions of 12 times per years. for Modern living in the heart of Miami at an attainable price. Centralis Residences Miami is a boutique Condominium of only 100 residences recently built (2023) that offers move-in-ready 1BD/1BH units from the $300Ks & 2BD/BH units from the $400Ks. The building features assigned covered parking, private balconies, resort-style pool, social lounge, & 24/7 fitness center. Residences include kitchens with quartz countertops, & wood-style flooring. Just a few blocks from Calle Ocho, minutes to Brickell, Downtown, Coral Gables, & 2nd largest health district. Located in the booming & revitalizing Little Havana. Ideal for first time buyers looking live in the heart of Miami for an attainable price or Investor looking to earn income from day one & seeking rental flexibility (12 times per year).

Property location

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1110 NW 1 ST 502, Miami, FL 33128

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
622 sq ft

Exterior & Structure

Property type
Condominium
Year built
2023

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$523
County
Miami-Dade
MLS listing ID
A11909826
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

-$996

Cap rate
2.1%
Net yield
2.1%
Cash-on-cash return
-12.8%
Gross yield
7.3%
Mortgage payment
$1,583/mo
Down payment
$83,500
Loan amount
$250,500
Annual NOI
$7,050

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