3301 NE 1st Ave L04PH3, Miami, FL 33137 — MLS photo

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3301 NE 1st Ave L04PH3, Miami, FL 33137

Active · Condominium

$715,000

3301 NE 1st Ave L04PH3, Miami, FL 33137

Beds
1
Baths
2
Living area
1,291 sq ft
$ / sq ft
$554/sq ft
Year built
2008
Lot size
—
HOA fee
$1,555
Annual tax
—

About this property

Amazing Modern tri-level Penthouse in Midtown, steps away from the design district. This Penthouse features double-height ceilings and porcelain flooring throughout. A unique Open-concept in the main level features a private balcony, floor-to-ceiling impact windows, and solar shades for abundant natural light. The second level hosts the bedroom suite, while the third level offers a private rooftop terrace, ideal for entertaining or outdoor living. A spiral staircase provides direct access to the fourth-floor common areas, including the Rooftop Pool, Jacuzzi, Fitness Center, Business Center and Barbeque Area. Equipped with a Bosch A/C system and additional storage beneath the stairs. Versatile layout suitable for residential use or a creative office space. Midtown 4 offers 24-hour security. Private entrance only for Penthouse Owners. Private parking at the same level as unit. Ideally located steps from Midtown, walking distance to the Design District, and surrounded by top dining, shopping, Whole Foods, and Trader Joe’s. Just a 15-minute drive to Miami International​​‌​​​​‌​‌​​​​‌​​‌​​​​‌​​​‌‌​​​​ Airport.

Property location

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3301 NE 1st Ave L04PH3, Miami, FL 33137

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
1,291 sq ft

Exterior & Structure

Property type
Condominium
Year built
2008

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,555
County
Miami-Dade
MLS listing ID
A11948784
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

-$2,633

Cap rate
1.3%
Net yield
1.3%
Cash-on-cash return
-15.8%
Gross yield
7.2%
Mortgage payment
$3,389/mo
Down payment
$178,750
Loan amount
$536,250
Annual NOI
$9,082

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