650 West Ave 1001, Miami Beach, FL 33139 — MLS photo

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650 West Ave 1001, Miami Beach, FL 33139

Active · Condominium

$1,500,000

650 West Ave 1001, Miami Beach, FL 33139

Beds
2
Baths
2
Living area
1,147 sq ft
$ / sq ft
$1,308/sq ft
Year built
1997
Lot size
—
HOA fee
$1,622
Annual tax
—

About this property

Stunning direct bay view, corner unit wraparound terrace with breathtaking views of the bay and Miami skyline, perfect for enjoying gorgeous sunsets. Fully renovated 2-bedroom, 2-bathroom, stylish, elegant, bright full of natural light. Located in one of the best areas of Miami Beach, central and surrounded by great restaurants, walking distance to the beach and the South of Fifth area. The Floridian offers resort-style amenities, including a 24-hour doorman, valet, gym, two pools, tennis court, convenience store and more. The ideal spot to enjoy the best of South Beach living.

Property location

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650 West Ave 1001, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,147 sq ft

Exterior & Structure

Property type
Condominium
Year built
1997

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,622
County
Miami-Dade
MLS listing ID
A11926127
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

-$6,412

Cap rate
0.6%
Net yield
0.6%
Cash-on-cash return
-18.3%
Gross yield
5.0%
Mortgage payment
$7,111/mo
Down payment
$375,000
Loan amount
$1,125,000
Annual NOI
$8,388

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