20850 San Simeon Way 107-5, Miami, FL 33179 — MLS photo

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20850 San Simeon Way 107-5, Miami, FL 33179

Active · Condominium

$155,000

20850 San Simeon Way 107-5, Miami, FL 33179

Beds
1
Baths
1
Living area
590 sq ft
$ / sq ft
$263/sq ft
Year built
1981
Lot size
—
HOA fee
$485 Monthly
Annual tax
$1,645

About this property

Investors welcome!! 8.5% return on investment!! Excellent location! Easy access to I-95, just minutes from Aventura, supermarkets and stores. Quiet gated community with 24-hour security. Completely remodeled studio converted into a 1 bedroom. Kitchen with brand new appliances. Large spacious closets. IMPACT WINDOWS, and Washer and Dryer inside the unit. SECURITY GUARD AT THE ENTRANCE AND ELECTRONIC LOBBY ENTRANCE. Return from work and take a nice walk along the lake, the pool, jacuzzi and sauna, or use it as an investment property enjoying many benefits for being in an "Opportunity zone". ALL AGES, Corporate Buyer OK, Can be rented immediately, no rental restrictions other than no Airbnb. 1 assigned parking space directly in front of the entrance of the building and several guest parking spaces to use. Pet friendly.

Property location

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20850 San Simeon Way 107-5, Miami, FL 33179

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
590 sq ft
Flooring
Tile
Appliances
Dryer, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air
Heating
Central
Interior features
Breakfast Bar, Bedroom On Main Level, Breakfast Area, Eat In Kitchen, Family Dining Room, First Floor Entry

Exterior & Structure

Property type
Condominium
Year built
1981
Stories
6
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Storm Security Shutters
Pool
Association, Heated
View
None

Parking

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

HOA, Community & Financials

Association fee
$485 Monthly
Fee inclusions
Maintenance Grounds, Maintenance Structure, Pest Control, Pools, Sewer, Trash, Water
Amenities
Billiard Room, Business Center, Fitness Center, Laundry, Library, Barbecue, Picnic Area, Playground, Pool, Sauna, Spa Hot Tub, Trash, Elevators
Security
Secured Garage Parking, Intercom, Key Card Entry, Lobby Secured, Security Guard, Smoke Detectors
Pets allowed
Conditional, Yes
Annual tax
$1,645
Subdivision
LAKEVIEW OF THE CALF CLUB
County
Miami-Dade
Days on market
218
MLS listing ID
A11984075
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

-$118

Cap rate
4.8%
Net yield
4.8%
Cash-on-cash return
-3.3%
Gross yield
11.5%
Mortgage payment
$735/mo
Down payment
$38,750
Loan amount
$116,250
Annual NOI
$7,405

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