Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 905 sq ft
Active · Condominium
$440,000
747 Michigan Ave 201, Miami Beach, FL 33139
- Beds
- 2
- Baths
- 2
- Living area
- 905 sq ft
- $ / sq ft
- $486/sq ft
- Year built
- 1925
- Lot size
- —
- HOA fee
- $1,052
- Annual tax
- —
About this property
Charming corner 2BR 2BA in the heart of South Beach. This light-filled unit features a split floor plan, tile floors, 2 full bathrooms and a washer/dryer inside the unit. The open kitchen provides a casual entertaining ambience with a wide living room area. Located in a quiet, well-maintained building, walking distance to everything South Beach has to offer: the beach, Flamingo Park, Lincoln Road, Publix, Whole Foods, several restaurants and more.
Property location
Get Directions747 Michigan Ave 201, Miami Beach, FL 33139
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1925
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $1,052
- County
- Miami-Dade
- MLS listing ID
- A11949971
- 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
-$1,536
- Cap rate
- 1.5%
- Net yield
- 1.5%
- Cash-on-cash return
- -15.0%
- Gross yield
- 7.7%
- Mortgage payment
- $2,086/mo
- Down payment
- $110,000
- Loan amount
- $330,000
- Annual NOI
- $6,597
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.