1111 SW 1st Ave 3122-N, Miami, FL 33130 — MLS photo

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1111 SW 1st Ave 3122-N, Miami, FL 33130

Active · Condominium

$559,900

1111 SW 1st Ave 3122-N, Miami, FL 33130

Beds
2
Baths
2
Living area
1,012 sq ft
$ / sq ft
$553/sq ft
Year built
2008
Lot size
—
HOA fee
$1,182
Annual tax
—

About this property

Great investment opportunity in the heart of Brickell! Spacious 2-bedroom, 2-bath residence at Axis on Brickell featuring spectacular open city views, modern layout, and abundant natural light. The unit offers a full kitchen, in-unit washer and dryer, 2 assigned parking spaces and well-designed living spaces ideal for comfortable urban living. The building provides excellent amenities including 24-hour concierge, two pools, fitness center, spa, business center, and secure parking. Prime location just steps from Brickell City Centre, Mary Brickell Village, restaurants, shopping, and public transportation including Brickell station. Investor friendly: unit is currently rented for $3,400/month through January 14, 2027, providing immediate and stable rental income.

Property location

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1111 SW 1st Ave 3122-N, Miami, FL 33130

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,012 sq ft

Exterior & Structure

Property type
Condominium
Year built
2008

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,182
County
Miami-Dade
MLS listing ID
A11983194
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

-$2,024

Cap rate
1.3%
Net yield
1.3%
Cash-on-cash return
-15.5%
Gross yield
7.2%
Mortgage payment
$2,654/mo
Down payment
$139,975
Loan amount
$419,925
Annual NOI
$7,558

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