Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 540 sq ft
Active · Condominium
$210,000
1051 Meridian Ave 1M, Miami Beach, FL 33139
- Beds
- 1
- Baths
- 1
- Living area
- 540 sq ft
- $ / sq ft
- $389/sq ft
- Year built
- 1937
- Lot size
- —
- HOA fee
- $663
- Annual tax
- —
About this property
Spacious Top Floor Corner 1 bedroom unit in historic Art Deco building on sought after tree lined Meridian Ave. Unit has large open kitchen leading into living area with high ceilings, central A/C and ensuite bathroom. Natural light shines through the entire unit. Must see; feels much bigger than tax roll. Across from Flamingo Park which features a pool, track, gym, dog park, racquetball courts, & 17 clay tennis courts. Walk to the best of the beach!
Property location
Get Directions1051 Meridian Ave 1M, Miami Beach, FL 33139
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1937
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $663
- County
- Miami-Dade
- MLS listing ID
- A11915439
- 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
-$719
- Cap rate
- 1.6%
- Net yield
- 1.6%
- Cash-on-cash return
- -14.7%
- Gross yield
- 8.9%
- Mortgage payment
- $996/mo
- Down payment
- $52,500
- Loan amount
- $157,500
- Annual NOI
- $3,324
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.