275 NE 18th St 708, Miami, FL 33132 — MLS photo

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275 NE 18th St 708, Miami, FL 33132

Active · Condominium

$575,000

275 NE 18th St 708, Miami, FL 33132

Beds
3
Baths
2
Living area
1,305 sq ft
$ / sq ft
$441/sq ft
Year built
2005
Lot size
—
HOA fee
$1,421
Annual tax
—

About this property

Beautiful 3-bedroom, 2-bath corner unit featuring a massive wraparound balcony and exceptional natural light throughout. This spacious layout is one of the best-priced 3-bed opportunities in all of Edgewater and comes with 2 assigned parking spaces. The rapidly evolving neighborhood offers top restaurants, shopping, and easy access to Downtown, Wynwood, Midtown, and the Design District. The building features newly renovated amenities including a pool, hot tub, and gym. This unit is perfect for investors, rented until July 2027.

Property location

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275 NE 18th St 708, Miami, FL 33132

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
1,305 sq ft

Exterior & Structure

Property type
Condominium
Year built
2005

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,421
County
Miami-Dade
MLS listing ID
A11918373
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

-$1,856

Cap rate
1.8%
Net yield
1.8%
Cash-on-cash return
-13.8%
Gross yield
8.2%
Mortgage payment
$2,726/mo
Down payment
$143,750
Loan amount
$431,250
Annual NOI
$10,442

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