151 SE 1st St 1501, Miami, FL 33131 — MLS photo

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151 SE 1st St 1501, Miami, FL 33131

Active · Condominium

$550,000

151 SE 1st St 1501, Miami, FL 33131

Beds
2
Baths
2
Living area
977 sq ft
$ / sq ft
$563/sq ft
Year built
2016
Lot size
—
HOA fee
$1,184
Annual tax
—

About this property

Great opportunity to buy at $563/ sqft in Downtown Miami. 2Bed/2bath at Centro Condo Downtown. The 2nd bedroom is open layout. Fusion of raw industrial design, innovative loft spaces & limitless accessibility to everything the city has to offer. Is the fusion of Work, Play, Creativity and Accessibility. Buildings common areas designed by Yves Behar! Build Amenities include 24hr Security, Full Service Valet, Security Entrance, Exclusive Pet Area, Two Story PH Recreation Area, State of the Art Health Club, Pool w 360 degree Views, Skyline Lounge & E lounge! Completely decorated unit by Steven G. No assigned parking.

Property location

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151 SE 1st St 1501, Miami, FL 33131

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
977 sq ft

Exterior & Structure

Property type
Condominium
Year built
2016

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,184
County
Miami-Dade
MLS listing ID
A11964781
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

-$2,039

Cap rate
1.2%
Net yield
1.2%
Cash-on-cash return
-15.9%
Gross yield
7.1%
Mortgage payment
$2,607/mo
Down payment
$137,500
Loan amount
$412,500
Annual NOI
$6,819

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