253 NE 2nd St 4608, Miami, FL 33132 — MLS photo

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253 NE 2nd St 4608, Miami, FL 33132

Active · Condominium

$1,100,000

253 NE 2nd St 4608, Miami, FL 33132

Beds
3
Baths
3
Living area
1,795 sq ft
$ / sq ft
$613/sq ft
Year built
2008
Lot size
—
HOA fee
$2,251
Annual tax
—

About this property

3B/3B corner Lower Penthouse in the sky w/ floor-to-ceiling windows, and 2 balconies, offering stunning 180 degree views of the sunrise over the water (E), the Miami skyline (S) & the city sunsets (W). Smart split floor-plan including a primary suite w/ a spa-like bathroom & walk-in closet. Light & airy. Porcelain flooring. Exclusive amenities: 4 pools, gym w/daily classes, spa & 24-hr security & concierge. Includes two parking spaces, a private storage unit & more! Perfectly situated in the city's hottest neighborhood, enjoy a short walk to Bayfront Park or to Miami World Center to enjoy endless dining, shopping & entertainment options.

Property location

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253 NE 2nd St 4608, Miami, FL 33132

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
1,795 sq ft

Exterior & Structure

Property type
Condominium
Year built
2008

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,251
County
Miami-Dade
MLS listing ID
A11944165
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

-$4,218

Cap rate
1.1%
Net yield
1.1%
Cash-on-cash return
-16.4%
Gross yield
6.8%
Mortgage payment
$5,215/mo
Down payment
$275,000
Loan amount
$825,000
Annual NOI
$11,953

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