Interior
- Bedrooms
- 3
- Bathrooms
- 4
- Living area
- 1,284 sq ft
Active · Condominium
$1,080,000
846 Michigan Ave 101, Miami Beach, FL 33139
- Beds
- 3
- Baths
- 4
- Living area
- 1,284 sq ft
- $ / sq ft
- $841/sq ft
- Year built
- 1930
- Lot size
- —
- HOA fee
- $520
- Annual tax
- —
About this property
LOW HOA! Located in the heart of SOBE, this renovated 3bed 3bath (each bed with its own bath) + guest bath is unique & one of a kind. Feels like a house in a Mediterranean-style boutique building with only 3 total units w/separate entrances & totally independent of each other. Features: Hurricane Impact windows, 5 color TVs, storage with AC, Laundry room, LED lights, new kitchen with SS apps, tiled floors, baths with Italian fixtures, bidet in master bath and spacious living room leading directly large outdoor PRIVATE garden with piano bar perfect for meetings & entertaining. Just a few blocks from S. Pointe, Ocean Dr, Lincoln Rd\tennis center and 5th & Alton shops, parks, shops, restaurants and nightlife. Low monthly HOA fee. Street Parking Accessible. Tenant Occupied. See broker remarks.
Property location
Get Directions846 Michigan Ave 101, Miami Beach, FL 33139
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1930
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $520
- County
- Miami-Dade
- MLS listing ID
- A11975392
- 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
-$3,227
- Cap rate
- 2.1%
- Net yield
- 2.1%
- Cash-on-cash return
- -12.8%
- Gross yield
- 5.9%
- Mortgage payment
- $5,120/mo
- Down payment
- $270,000
- Loan amount
- $810,000
- Annual NOI
- $22,715
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.