16 Island Ave 6E, Miami Beach, FL 33139 — MLS photo

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16 Island Ave 6E, Miami Beach, FL 33139

Active · Condominium

$1,750,000

16 Island Ave 6E, Miami Beach, FL 33139

Beds
1
Baths
2
Living area
1,085 sq ft
$ / sq ft
$1,613/sq ft
Year built
1958
Lot size
—
HOA fee
$2,037
Annual tax
—

About this property

Rarely available 1BD condo at the prestigious BELLE TOWER, boasting an impressive 1,085 square feet of elegant living space. Every detail has been meticulously updated by the owner, including gorgeous Terrazzo flooring that adds a touch of sophistication throughout this exquisite home. The gourmet kitchen is a chef's dream, featuring top-of-the-line Wolf and SubZero appliances that ensure culinary excellence. An in-unit washer and dryer offer the utmost convenience, while the integrated Sonos sound system provides an immersive audio experience, perfect for entertaining or simply enjoying your favorite tunes. For those seeking a turnkey solution to upscale urban living, your search ends here.Unit comes with one assigned parking. Owner willing to consider seller financing options.

Property location

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16 Island Ave 6E, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
1,085 sq ft

Exterior & Structure

Property type
Condominium
Year built
1958

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,037
County
Miami-Dade
MLS listing ID
A11932670
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

-$8,035

Cap rate
0.2%
Net yield
0.2%
Cash-on-cash return
-19.7%
Gross yield
4.6%
Mortgage payment
$8,296/mo
Down payment
$437,500
Loan amount
$1,312,500
Annual NOI
$3,129

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