851 NE 1st Ave 1608, Miami, FL 33132 — MLS photo

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851 NE 1st Ave 1608, Miami, FL 33132

Active · Condominium

$840,000

851 NE 1st Ave 1608, Miami, FL 33132

Beds
2
Baths
3
Living area
1,498 sq ft
$ / sq ft
$561/sq ft
Year built
2019
Lot size
—
HOA fee
$2,621
Annual tax
—

About this property

Luxury 2 Bed + Den /3 bath at the Miami World Center, the building with the most amenities in the city! Extra high floor to ceiling windows with huge terrace. This building has the best amenities in the area: Basketball Half-Court, Racquetball Court, Relaxation Areas: Conservatory, Relaxation Lounge, Spa/Salon, Movie Theater, Indoor Sports Center (State-of-the-art Fitness Center, Boxing Studio, and Aerobics Area), Entertainment Center, 24 hour food market, etc. Can be rented seasonally! Seller financing available.

Property location

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851 NE 1st Ave 1608, Miami, FL 33132

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,498 sq ft

Exterior & Structure

Property type
Condominium
Year built
2019

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,621
County
Miami-Dade
MLS listing ID
A11925222
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

-$3,918

Cap rate
0.1%
Net yield
0.1%
Cash-on-cash return
-20.0%
Gross yield
7.2%
Mortgage payment
$3,982/mo
Down payment
$210,000
Loan amount
$630,000
Annual NOI
$773

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