851 NE 1st Avenue 306, Miami, FL 33132 — MLS photo

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851 NE 1st Avenue 306, Miami, FL 33132

Active · Condominium

$419,999

851 NE 1st Avenue 306, Miami, FL 33132

Beds
0
Baths
1
Living area
777 sq ft
$ / sq ft
$541/sq ft
Year built
2019
Lot size
—
HOA fee
$1,000
Annual tax
—

About this property

Perfect Condo - Studio for sale, located in the heart of downtown Miami at the building with the most amenities in the world: PARAMOUNT Miami Worldcenter includes 5 pools, spa, outdoor lounge, summer kitchen, game room, state of the art fitness center, boxing studio, basketball court, racquetball, yoga, observatory, jam room, recording studio and much more.Centrally located near Brightline Train Station, Port of MIA, The Miami Arena and minutes to MIA Airport, Wynwood, Brickell, Miami Beach . This particular unit has amazing views, extra closet spaces, and Private Balcony.

Property location

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851 NE 1st Avenue 306, Miami, FL 33132

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Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
777 sq ft

Exterior & Structure

Property type
Condominium
Year built
2019
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,000
County
Miami-Dade
MLS listing ID
R11158026
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

-$1,602

Cap rate
1.1%
Net yield
1.1%
Cash-on-cash return
-16.4%
Gross yield
7.3%
Mortgage payment
$1,991/mo
Down payment
$105,000
Loan amount
$314,999
Annual NOI
$4,663

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