151 SE 1st Street 608, Miami, FL 33131 — MLS photo

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151 SE 1st Street 608, Miami, FL 33131

Active · Condominium

$304,500

151 SE 1st Street 608, Miami, FL 33131

Beds
1
Baths
1
Living area
564 sq ft
$ / sq ft
$540/sq ft
Year built
2016
Lot size
—
HOA fee
$684
Annual tax
—

About this property

NEWLY painted luxury studio apartment nestled in the heart of downtown Miami. This rare gem gives easy access tothe city's vibrant cultural and commercial districts—walk to Bayfront Park, Brickell, Biscayne Blvd, and a variety ofshops & entertainment venues. The unit comes equipped with a washer & dryer, and the building boasts top-notchamenities including a rooftop pool, upper & lower lounges, a gym, & steam room. Pet-friendly with no weight or sizerestrictions. ADDED BONUS: you can do 30 day SHORT-TERM RENTALS with thisunit!

Property location

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151 SE 1st Street 608, Miami, FL 33131

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
564 sq ft

Exterior & Structure

Property type
Condominium
Year built
2016

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$684
County
Miami-Dade
MLS listing ID
F10536672
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

-$1,120

Cap rate
1.3%
Net yield
1.3%
Cash-on-cash return
-15.8%
Gross yield
7.3%
Mortgage payment
$1,443/mo
Down payment
$76,125
Loan amount
$228,375
Annual NOI
$3,886

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