850 N Miami Ave W-408, Miami, FL 33136 — MLS photo

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850 N Miami Ave W-408, Miami, FL 33136

Active · Condominium

$329,900

850 N Miami Ave W-408, Miami, FL 33136

Beds
2
Baths
2
Living area
914 sq ft
$ / sq ft
$361/sq ft
Year built
1989
Lot size
—
HOA fee
$921
Annual tax
—

About this property

Beautiful apt 2BR/2BA, wood flooring, S/S appliances & granite counter top in kitchen, an assigned parking space.Gated community located in the heart of Downtown Miami,a few blocks away of Kaseya Center,Bayfront Park,Metro-rail w/connection to the Airport & New Miami Grand Central Station. It is plenty of amenities,including pool,Jacuzzi,BBQ area,tennis,basketball & beach-volley courts,gym, security guard 24/7,clubhouse,billiard room.Laundry in building.Downtown of Miami,where commercial cultural & civic greater diversity of activities are concentrated,the open-air malls, department stores, jewelry shops,restaurants,are busy w/foot traffic,Dolphin EXPY,Brickell,Beaches,International Airport. This won’t last long!

Property location

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850 N Miami Ave W-408, Miami, FL 33136

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
914 sq ft

Exterior & Structure

Property type
Condominium
Year built
1989

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$921
County
Miami-Dade
MLS listing ID
A11924292
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

-$903

Cap rate
2.4%
Net yield
2.4%
Cash-on-cash return
-11.7%
Gross yield
9.3%
Mortgage payment
$1,564/mo
Down payment
$82,475
Loan amount
$247,425
Annual NOI
$7,933

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