540 West Ave 2311, Miami Beach, FL 33139 — MLS photo

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540 West Ave 2311, Miami Beach, FL 33139

Active · Condominium

$1,850,000

540 West Ave 2311, Miami Beach, FL 33139

Beds
2
Baths
2
Living area
1,223 sq ft
$ / sq ft
$1,513/sq ft
Year built
2004
Lot size
—
HOA fee
$2,450 Monthly
Annual tax
$25,466

About this property

PRICED TO SELL. BEAUTIFUL UNIT This 2B/2ba residence has been beautifully redesigned by a award-winning designer, Martin C. Martinez ,DIRECT BAY VIEWS from Master bedroom and living room, and DIRECT OCEAN and CITY views from second bedroom, LPH level.

Property location

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540 West Ave 2311, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,223 sq ft
Flooring
Carpet
Appliances
Microwave
Cooling
Other
Heating
Central
Interior features
Elevator

Exterior & Structure

Property type
Condominium
Year built
2004
Stories
24
Construction
Block
Exterior features
Other
Waterfront
Bayfront
View
Bay

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned

HOA, Community & Financials

Association fee
$2,450 Monthly
Fee inclusions
Amenities
Amenities
Marina, Business Center, Elevators, Fitness Center, Sauna
Security
Door Man
Pets allowed
Size Limit, Yes
Annual tax
$25,466
Subdivision
THE BENTLEY BAY CONDO
County
Miami-Dade
Days on market
269
MLS listing ID
A11945424
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

-$7,861

Cap rate
0.6%
Net yield
0.6%
Cash-on-cash return
-18.2%
Gross yield
4.7%
Mortgage payment
$8,770/mo
Down payment
$462,500
Loan amount
$1,387,500
Annual NOI
$10,905

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