842 Meridian Ave 1B, Miami Beach, FL 33139 — MLS photo

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842 Meridian Ave 1B, Miami Beach, FL 33139

Active · Condominium

$195,000

842 Meridian Ave 1B, Miami Beach, FL 33139

Beds
1
Baths
1
Living area
500 sq ft
$ / sq ft
$390/sq ft
Year built
1925
Lot size
—
HOA fee
$685 Monthly
Annual tax
$3,243

About this property

Unit 1 bed/1 bath, located on the firts floor in an original Art Deco landmark building. Only a few steps from the beach and Flaming Park. Access to the great schools including South Beach elementary in south of fifth.

Property location

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842 Meridian Ave 1B, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
500 sq ft
Flooring
Marble
Appliances
Electric Range, Microwave, Refrigerator
Cooling
Wall Window Units
Heating
Other
Interior features
Bedroom On Main Level, First Floor Entry

Exterior & Structure

Property type
Condominium
Year built
1925
Stories
3
Architectural style
None
Construction
CBSConcrete Block Structure, Block
Exterior features
None
View
None

Parking

Garage spaces
0
Covered spaces
0
Parking features
None

HOA, Community & Financials

Association fee
$685 Monthly
Fee inclusions
Other
Amenities
None
Security
Other
Pets allowed
Conditional, Yes
Annual tax
$3,243
Subdivision
THE PATRICIA CONDO
County
Miami-Dade
Days on market
209
MLS listing ID
A11929235
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

-$701

Cap rate
1.4%
Net yield
1.4%
Cash-on-cash return
-15.4%
Gross yield
8.8%
Mortgage payment
$924/mo
Down payment
$48,750
Loan amount
$146,250
Annual NOI
$2,681

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