515 NE 38th St 10, Miami, FL 33137 — MLS photo

Get More Info About This Property

515 NE 38th St 10, Miami, FL 33137

Active · Townhouse

$485,000

515 NE 38th St 10, Miami, FL 33137

Beds
2
Baths
2
Living area
1,299 sq ft
$ / sq ft
$373/sq ft
Year built
1981
Lot size
—
HOA fee
$850 Monthly
Annual tax
$6,020

About this property

Fantastic opportunity to own a beautifully remodeled townhome in a charming community in between Edgewater & The Design District. This two-story gem has been totally remodeled with ultra-modern bathrooms and an open kitchen featuring honey gold warm wood cabinets & SS appliances. Sliding glass doors lead to a private outside back patio where you can barbecue as if you are in your own private home. The second floor is a two-bedroom split plan. Amenities include a large tropical pool & plenty of parking. One block from the Bay & park and within a short walk to all the local shops & restaurants in The Design District and Midtown. Set within a boutique complex of only 17 units, the property provides a sense of privacy while remaining close to all major roadways and vibrant city amenities Miami has to offer. Enjoy the perfect lifestyle with none of the issues of high-rise condo living. Perfect as a primary residence or a smart investment, with strong rental appeal thanks to its excellent location. EASY TO SHOW.

Property location

Get Directions

515 NE 38th St 10, Miami, FL 33137

Loading property location…

Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,299 sq ft
Flooring
Tile
Appliances
Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
First Floor Entry, Upper Level Primary

Exterior & Structure

Property type
Townhouse
Year built
1981
Stories
1
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Patio
View
Other

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, Detached, Garage, Guest, One Space

HOA, Community & Financials

Association fee
$850 Monthly
Fee inclusions
Association Management, Amenities, Insurance, Maintenance Grounds, Maintenance Structure
Amenities
Pool
Pets allowed
No, Yes
Annual tax
$6,020
Subdivision
CORONA BAY TOWNHOUSES CON
County
Miami-Dade
Days on market
203
MLS listing ID
A11934484
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

-$629

Cap rate
4.1%
Net yield
4.1%
Cash-on-cash return
-5.6%
Gross yield
9.1%
Mortgage payment
$2,299/mo
Down payment
$121,250
Loan amount
$363,750
Annual NOI
$20,043

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