Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,070 sq ft
Active · Condominium
$700,000
1688 West Ave 405, Miami Beach, FL 33139
- Beds
- 2
- Baths
- 2
- Living area
- 1,070 sq ft
- $ / sq ft
- $654/sq ft
- Year built
- 1995
- Lot size
- —
- HOA fee
- $1,400
- Annual tax
- —
About this property
Beautiful boutique building with just 113 Units, gym, pet friendly, laundry room (as well as in unit), pool and spa. In the heart of South Beach (near Trader Joe's, Publix, Walgreens, Lincoln Road and much more). Amazing location, friendly neighbors, welcoming community and diligent 24/7 management who maintain the building and tree-lined premises in excellent condition. The condo is well designed with a split floor plan. Two large walk-in California Closets in each bedroom, a wet bar, laundry (washer/dryer) in unit, and best of all, two (2) assigned parking spaces. Balcony with panoramic views, floor to ceiling windows, includes shutters. Concrete restoration, elevator modernization, lobby upgrades and more completed successfully and beautifully.
Property location
Get Directions1688 West Ave 405, Miami Beach, FL 33139
Loading property location…
Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1995
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $1,400
- County
- Miami-Dade
- MLS listing ID
- A11912899
- 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
-$2,769
- Cap rate
- 0.9%
- Net yield
- 0.9%
- Cash-on-cash return
- -17.0%
- Gross yield
- 6.6%
- Mortgage payment
- $3,318/mo
- Down payment
- $175,000
- Loan amount
- $525,000
- Annual NOI
- $6,591
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.