1200 West Ave 1418, Miami Beach, FL 33139 — MLS photo

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1200 West Ave 1418, Miami Beach, FL 33139

Active · Condominium

$399,000

1200 West Ave 1418, Miami Beach, FL 33139

Beds
1
Baths
1
Living area
837 sq ft
$ / sq ft
$477/sq ft
Year built
1965
Lot size
—
HOA fee
$1,061
Annual tax
—

About this property

Beautifully renovated European-style 1-bedroom, 1 bath condo in the sought-after West Avenue area of South Beach. Enjoy lovely views of Miami Beach and the Bay from your private balcony. This bright pied-à-terre is filled with natural light and features a spacious living area, a generous bedroom, a modern bathroom, and a brand-new kitchen with sleek appliances and contemporary finishes. A true retreat in the heart of the city, perfect for full-time living or a second home. Located in a full-service building with 24 hr security, concierge service, 5-star amenities, and an elevated convenience store. Just moments from Lincoln Road, the Beach, Top Restaurants, Shops, and the best attractions South Beach has to offer on the desirable west side. TENANT IN PLACE UNTIL MAY 2027.

Property location

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1200 West Ave 1418, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
837 sq ft

Exterior & Structure

Property type
Condominium
Year built
1965

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,061
County
Miami-Dade
MLS listing ID
A11963013
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

-$1,473

Cap rate
1.3%
Net yield
1.3%
Cash-on-cash return
-15.8%
Gross yield
7.8%
Mortgage payment
$1,891/mo
Down payment
$99,750
Loan amount
$299,250
Annual NOI
$5,017

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