1611 Meridian Ave 208, Miami Beach, FL 33139 — MLS photo

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1611 Meridian Ave 208, Miami Beach, FL 33139

Active · Condominium

$330,000

1611 Meridian Ave 208, Miami Beach, FL 33139

Beds
2
Baths
2
Living area
671 sq ft
$ / sq ft
$492/sq ft
Year built
2015
Lot size
—
HOA fee
$975 Monthly
Annual tax
$4,869

About this property

A true gem, boasting a beautiful interior with fresh paint and a complete renovation. It offers the convenience of a washer and dryer right inside the unit. Located just steps away from Lincoln Road and a short stroll to the beach, it provides the ultimate South Beach living experience. Tenant occupied, please allow 24 hrs notice.

Property location

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1611 Meridian Ave 208, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
671 sq ft
Flooring
Ceramic Tile
Appliances
Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Other

Exterior & Structure

Property type
Condominium
Year built
2015
Stories
3
Construction
CBSConcrete Block Structure, Block
Exterior features
Security High Impact Doors
View
None

Parking

Garage spaces
0
Covered spaces
0
Parking features
On Street

HOA, Community & Financials

Association fee
$975 Monthly
Fee inclusions
Internet, Sewer, Trash, Water
Amenities
None
Security
Complex Fenced, Intercom
Pets allowed
Conditional, Yes
Annual tax
$4,869
Subdivision
EMILY CONDO
County
Miami-Dade
Days on market
217
MLS listing ID
A11943768
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

-$1,234

Cap rate
1.2%
Net yield
1.2%
Cash-on-cash return
-16.0%
Gross yield
7.7%
Mortgage payment
$1,564/mo
Down payment
$82,500
Loan amount
$247,500
Annual NOI
$3,963

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