601 NE 36th St 1003, Miami, FL 33137 — MLS photo

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601 NE 36th St 1003, Miami, FL 33137

Active · Condominium

$648,500

601 NE 36th St 1003, Miami, FL 33137

Beds
2
Baths
3
Living area
1,174 sq ft
$ / sq ft
$552/sq ft
Year built
2005
Lot size
—
HOA fee
$1,667 Monthly
Annual tax
$8,867

About this property

**COMPLETELY RENOVATED & TURNKEY 2-BEDROOM, 2-BATH RESIDENCE WITH BREATHTAKING BAY & SUNRISE VIEWS.** Step into a beautifully transformed home where modern elegance meets waterfront living. This fully remodeled residence features a sleek contemporary kitchen with brand-new stainless-steel appliances, sophisticated porcelain tile flooring throughout, and fresh designer paint. Every detail has been thoughtfully selected to create a stylish, comfortable, and truly move-in-ready home. Wake up to stunning bay and sunrise views and enjoy the peaceful waterfront setting from the comfort of your own residence. **The building lobby is currently undergoing a complete transformation, with the existing lobby being removed and replaced with a newly designed, modern lobby. The lobby and elevator renovations are fully funded with no special assessments. Renderings of the upcoming lobby renovation are attached to showcase the planned finished design.** The building offers **strong financials** and a well-maintained ownership environment. Residents enjoy an impressive array of resort-style amenities, including a sparkling pool, state-of-the-art fitness center, business center, 24/7 valet service, and more. Ideally situated just minutes from premier dining, shopping, entertainment, and everyday conveniences. The residence includes **one reserved parking space and a private storage unit.** **An excellent opportunity for both end-users and investors looking for exceptional value in the area.** This is a rare chance to own a completely renovated, turnkey residence with beautiful waterfront views, desirable amenities, and significant building improvements already fully funded.

Property location

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601 NE 36th St 1003, Miami, FL 33137

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,174 sq ft
Flooring
Porcelain Tile, Tile
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air
Heating
Electric
Interior features
Breakfast Bar, Bedroom On Main Level, Dual Sinks, Entrance Foyer, Elevator, Family Dining Room, First Floor Entry, Living Dining Room, Main Level Primary, Split Bedrooms, Tub Shower, Walk In Closets

Exterior & Structure

Property type
Condominium
Year built
2005
Stories
35
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Security High Impact Doors
Pool
Association, Heated
Waterfront
Bayfront, Other
View
Bay, Garden, Ocean

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, Attached, Covered, Garage, Valet

HOA, Community & Financials

Association fee
$1,667 Monthly
Fee inclusions
Association Management, Amenities, Common Areas, Hot Water, Internet, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pools, Recreation Facilities, Reserve Fund, Sewer, Security, Trash, Water
Amenities
Billiard Room, Bike Storage, Business Center, Clubhouse, Fitness Center, Barbecue, Picnic Area, Playground, Pool, Sauna, Spa Hot Tub, Storage, Trash, Elevators
Security
Elevator Secured, Secured Garage Parking, Lobby Secured, Fire Sprinkler System, Smoke Detectors
Pets allowed
Conditional, Yes
Annual tax
$8,867
Subdivision
BLUE CONDO
County
Miami-Dade
Days on market
248
MLS listing ID
A11953232
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

-$2,351

Cap rate
1.3%
Net yield
1.3%
Cash-on-cash return
-15.5%
Gross yield
7.2%
Mortgage payment
$3,074/mo
Down payment
$162,125
Loan amount
$486,375
Annual NOI
$8,677

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