3301 NE 1st Ave H2509, Miami, FL 33137 — MLS photo

Get More Info About This Property

3301 NE 1st Ave H2509, Miami, FL 33137

Active · Condominium

$689,000

3301 NE 1st Ave H2509, Miami, FL 33137

Beds
2
Baths
2
Living area
1,181 sq ft
$ / sq ft
$583/sq ft
Year built
2008
Lot size
—
HOA fee
$1,419
Annual tax
—

About this property

Beautifully remodeled high-floor residence in the heart of Midtown Miami. Spacious 2 bed, 2 bath condo with 1,181 sq ft, floor-to-ceiling windows, panoramic city views, updated kitchen and baths, stainless appliances, in-unit washer/dryer, assigned parking. Just steps from the design district, Wynwood, dining, shopping, and entertainment, with easy access to Miami Beach, Downtown, and Brickell. Currently leased at 4,500 per month through June 2027, offering immediate income and future flexibility for personal use. A fantastic opportunity to own a beautifully updated residence in one of Miami's most desirable neighborhoods

Property location

Get Directions

3301 NE 1st Ave H2509, Miami, FL 33137

Loading property location…

Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,181 sq ft

Exterior & Structure

Property type
Condominium
Year built
2008

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,419
County
Miami-Dade
MLS listing ID
A11929667
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

-$2,559

Cap rate
1.2%
Net yield
1.2%
Cash-on-cash return
-15.9%
Gross yield
7.0%
Mortgage payment
$3,266/mo
Down payment
$172,250
Loan amount
$516,750
Annual NOI
$8,485

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