79 SW 12th St 1701-S, Miami, FL 33130 — MLS photo

Get More Info About This Property

79 SW 12th St 1701-S, Miami, FL 33130

Active · Condominium

$650,000

79 SW 12th St 1701-S, Miami, FL 33130

Beds
2
Baths
2
Living area
1,099 sq ft
$ / sq ft
$591/sq ft
Year built
2008
Lot size
—
HOA fee
$1,288
Annual tax
—

About this property

REDUCED FOR FAST SALE!-RENTED UNTIL MAY 31, 2027 @ 4,500. BUYER HAS TO RESPECT CURRENT LEASE- 2 ASSIGNED PARKING SPACES!Prime investment or end-user opportunity in the heart of Brickell! This desirable 17th-floor corner unit (1,099 SF) is offered fully furnished and features 2 bedrooms, 2 baths, and a massive wrap-around balcony with expansive city views. Updated with modern wood-look laminate flooring throughout the living areas and bedrooms. The popular split floor plan includes a spacious master suite with a walk-in closet and dual vanity bath. Interior highlights: Stainless steel appliances, granite counters, in-unit washer/dryer, and floor-to-ceiling glass. UNIT COMES WITH 2 ASSIGNED PARKING SPACES—a huge value add in Brickell. Axis is a full-service building with 24hr security, 2 pools, gym, hot tub, and business center. Unbeatable location just one block from Mary Brickell Village, grocery stores, and top-tier dining. Building allows monthly rentals (check HOA restrictions), making this a flexible asset. Special assessment of $328 per month until May 2028 for elevator modernization.

Property location

Get Directions

79 SW 12th St 1701-S, Miami, FL 33130

Loading property location…

Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,099 sq ft

Exterior & Structure

Property type
Condominium
Year built
2008

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,288
County
Miami-Dade
MLS listing ID
A11928759
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

-$2,388

Cap rate
1.3%
Net yield
1.3%
Cash-on-cash return
-15.7%
Gross yield
7.0%
Mortgage payment
$3,081/mo
Down payment
$162,500
Loan amount
$487,500
Annual NOI
$8,317

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