1111 SW 1st Ave 1123N, Miami, FL 33130 — MLS photo

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1111 SW 1st Ave 1123N, Miami, FL 33130

Active · Condominium

$480,000

1111 SW 1st Ave 1123N, Miami, FL 33130

Beds
2
Baths
2
Living area
1,013 sq ft
$ / sq ft
$474/sq ft
Year built
2008
Lot size
—
HOA fee
$1,200
Annual tax
—

About this property

REDUCED FOR FAST SALE!-RENTED AT $3150/MO UNTIL MAY 2027. Excellent opportunity to own a high-demand 2/2 condo in one of Brickell’s most connected buildings, The Axis. This efficient 1,013 SF layout features the highly sought-after split bedroom configuration, maximizing privacy for roommates or families. The unit offers an open-concept kitchen with island seating, track lighting, and stainless steel appliances. Key features include a dedicated laundry closet, spacious walk-in closets, and a massive balcony running the length of the unit with skyline views. Special assessment of $302 per month until May 2028 for elevator modernization.

Property location

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1111 SW 1st Ave 1123N, Miami, FL 33130

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,013 sq ft

Exterior & Structure

Property type
Condominium
Year built
2008

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,200
County
Miami-Dade
MLS listing ID
A11928798
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

-$1,687

Cap rate
1.5%
Net yield
1.5%
Cash-on-cash return
-15.1%
Gross yield
7.9%
Mortgage payment
$2,275/mo
Down payment
$120,000
Loan amount
$360,000
Annual NOI
$7,064

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