950 Brickell Bay Dr 4100, Miami, FL 33131 — MLS photo

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950 Brickell Bay Dr 4100, Miami, FL 33131

Active · Condominium

$525,000

950 Brickell Bay Dr 4100, Miami, FL 33131

Beds
1
Baths
1
Living area
774 sq ft
$ / sq ft
$678/sq ft
Year built
2008
Lot size
—
HOA fee
$919 Monthly
Annual tax
$3,552

About this property

INVESTOR OPPORTUNITY! Don’t miss this income-producing residence at The Plaza on Brickell. Spacious 1 Bedroom / 1 Bathroom featuring a private balcony with beautiful views of the Brickell skyline. Located in one of Miami’s most desirable neighborhoods, offering world-class amenities, exceptional walkability, and immediate access to dining, shopping, entertainment, and public transportation. Excellent investment with immediate cash flow: Currently leased through June 2027 at $3,500 per month to an existing tenant. Purchase with income already in place. Property is being sold As-Is with right to inspect. Showings during inspection period only.

Property location

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950 Brickell Bay Dr 4100, Miami, FL 33131

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
774 sq ft
Flooring
Hardwood, Wood
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Freezer, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air
Heating
Electric
Interior features
Breakfast Area, Closet Cabinetry, Eat In Kitchen, Kitchen Island, Living Dining Room, Other, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
2008
Stories
56
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Security High Impact Doors
View
River, Skyline

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, One Space, Valet

HOA, Community & Financials

Association fee
$919 Monthly
Fee inclusions
Amenities, Common Areas, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Parking, Reserve Fund, Sewer, Security, Trash, Water
Amenities
Fitness Center, Spa Hot Tub, Elevators
Security
Closed Circuit Cameras, Door Man, Elevator Secured, Secured Garage Parking, Key Card Entry, Security Guard, Smoke Detectors
Pets allowed
Size Limit, Yes
Annual tax
$3,552
Subdivision
THE PLAZA 851 BRICKELL CO
County
Miami-Dade
Days on market
157
MLS listing ID
A11983675
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

-$1,457

Cap rate
2.4%
Net yield
2.4%
Cash-on-cash return
-11.9%
Gross yield
6.5%
Mortgage payment
$2,489/mo
Down payment
$131,250
Loan amount
$393,750
Annual NOI
$12,385

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