Active · Condominium
$299,000
1650 NE 115th St 311, Miami, FL 33181
- Beds
- 2
- Baths
- 2
- Living area
- 990 sq ft
- $ / sq ft
- $302/sq ft
- Year built
- 1972
- Lot size
- —
- HOA fee
- $870 Monthly
- Annual tax
- $3,981
About this property
40 YEARS RECERTIFICATION DONE! Dock your boat in front of your unit! Magnificent Corner Apartment Facing Biscayne Bay ($6 per foot). The unit offers 2 bd, 2 baths, 990 sq/ft, a balcony facing the water, quartz counter tops, new open kitchen, stainless steel appliances, wood floors, hurricane shutters and one assigned parking space. Enjoy a pool facing the canal, sauna, gym, a dock for your boat and extra guest parking for your guests. The building has passed a full structural integrity inspection. Deck belongs to the condo association (Slip spaces $6 per foot), spaces can be rented from board. The building has no reserves, buyer need 30% down or more financing. Location location location: close to highways, Home Depot, Whole Foods and Aventura Mall.
Interior & exterior features
Appliances
- Refrigerator
Cooling
- Central Air
Heating
- Central
Views
- Bay
- Canal
Waterfront
- Canal Front
Parking
- Guest
- One Space
Interior features
- Bedroom On Main Level
- First Floor Entry
- Elevator
Exterior features
- Balcony
Pool
- Association
Flooring
- Hardwood
- Wood
construction
- Block
security
- Intercom
association_amenities
- Marina
- Pool
- Elevators
association_fee_includes
- Cable Tv
- Hot Water
- Insurance
- Maintenance Structure
- Parking
- Pools
- Sewer
- Trash
- Water
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
-$450
- Cap rate
- 3.9%
- Net yield
- 3.9%
- Cash-on-cash return
- -6.4%
- Gross yield
- 10.5%
- Mortgage payment
- $1,417/mo
- Down payment
- $74,750
- Loan amount
- $224,250
- Annual NOI
- $11,609
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.