16790 NE 14th Ave 202, Miami, FL 33162 — MLS photo

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16790 NE 14th Ave 202, Miami, FL 33162

Active · StockCooperative

$79,000

16790 NE 14th Ave 202, Miami, FL 33162

Beds
1
Baths
1
Living area
883 sq ft
$ / sq ft
$89/sq ft
Year built
1965
Lot size
—
HOA fee
$880
Annual tax
—

About this property

Furnished larger model 1 bedroom, 1 bathroom with central A/C, plenty of closet space, and spacious screened balcony at the gated community of Mar-Len Gardens. Maintenance includes taxes and land lease. No rental 1st year, Can only be rented 1 time a year for a maximum of 90 days, 55+ community. Hopa Verified Community with lots of activities, 2 pools, clubhouse, gym, rooftop sundeck, billiards room, shuffleboard court. Only 3 miles to the beach. Cash only.

Property location

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16790 NE 14th Ave 202, Miami, FL 33162

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
883 sq ft

Exterior & Structure

Property type
StockCooperative
Year built
1965

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$880
County
Miami-Dade
MLS listing ID
A11913079
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

$147

Cap rate
7.9%
Net yield
7.9%
Cash-on-cash return
8.0%
Gross yield
27.4%
Mortgage payment
$375/mo
Down payment
$19,750
Loan amount
$59,250
Annual NOI
$6,255

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