Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 450 sq ft
- Flooring
- Laminate, Other
- Appliances
- Other, Refrigerator
- Cooling
- Central Air, Electric
- Heating
- Central, Electric
- Interior features
- Living Dining Room, Other, Shower Only
- Furnished
- Furnished
Active · Condominium
$269,000
1215 West Ave 408, Miami Beach, FL 33139
- Beds
- 1
- Baths
- 1
- Living area
- 450 sq ft
- $ / sq ft
- $598/sq ft
- Year built
- 2016
- Lot size
- —
- HOA fee
- $931 Monthly
- Annual tax
- $4,770
About this property
Exceptional investment opportunity on prestigious West Avenue in a modern, recently built condominium offering participation in a professionally managed hotel program. Designed for owners seeking flexible personal use with seamless rental management while away, this residence provides an attractive alternative to short-term rentals, which are not permitted in the building. The unit is currently enrolled in the hotel program. Features include an advanced smart-home internet control system, valet parking, and a sleek contemporary design. Ideally located just steps from Whole Foods, top dining, boutique shopping, and the energy of Lincoln Road, this property delivers the ultimate Miami Beach lifestyle. A perfect pied-à-terre combining convenience, style, and strong income potential in one of South Beach’s most desirable neighborhoods.
Property location
Get Directions1215 West Ave 408, Miami Beach, FL 33139
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 2016
- Stories
- 6
- Construction
- CBSConcrete Block Structure, Block
- Exterior features
- Other
- Pool
- Association
- View
- Other
Parking
- Garage spaces
- 0
- Covered spaces
- 0
- Parking features
- Attached Carport, Attached, Garage, Valet
HOA, Community & Financials
- Association fee
- $931 Monthly
- Fee inclusions
- Amenities, Common Areas, Hot Water, Insurance, Pools, Sewer, Trash, Water
- Amenities
- Fitness Center, Other, Pool, Elevators
- Security
- Door Man, Key Card Entry, Smoke Detectors
- Pets allowed
- No
- Annual tax
- $4,770
- Subdivision
- BAY VIEW SUB
- County
- Miami-Dade
- Days on market
- 178
- MLS listing ID
- A11955284
- Listing status
- Active
Virtual tour
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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
-$1,366
- Cap rate
- -0.4%
- Net yield
- -0.4%
- Cash-on-cash return
- -21.8%
- Gross yield
- 6.9%
- Mortgage payment
- $1,275/mo
- Down payment
- $67,250
- Loan amount
- $201,750
- Annual NOI
- -$1,085
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.