1611 Meridian Ave 305, Miami Beach, FL 33139 — MLS photo

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1611 Meridian Ave 305, Miami Beach, FL 33139

Active · Condominium

$345,000

1611 Meridian Ave 305, Miami Beach, FL 33139

Beds
2
Baths
2
Living area
— sq ft
$ / sq ft
—
Year built
1925
Lot size
—
HOA fee
$899
Annual tax
—

About this property

Step into a piece of Miami Beach history at The Emily Condominium, a beautifully preserved boutique building along iconic Meridian Avenue. This charming 2-bed 2-bath residence captures the timeless character of classic South Beach Art Deco architecture while offering the comfort and livability today’s buyers seek.Emily Condominium exudes vintage appeal with a welcoming atmosphere. This corner unit features SS appliances, in-unit washer/dryer, ceramic flooring throughout, and plenty of natural light.—ideal for full-time living, a beachside retreat, or an investment opportunity.Enjoy the best of South Beach living just moments from world-famous beaches, Flamingo Park, Lincoln Road shopping, dining, and vibrant nightlife. Whether you're seeking a primary residence, vacation retreat, or investment opportunity, this property delivers exceptional value in an unbeatable location. Currently rented to a valuable tenant for $ 2,800.00 a month! Don’t miss your chance to own a slice of paradise in one of Miami Beach’s most sought-after neighborhoods!

Property location

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1611 Meridian Ave 305, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
2
Bathrooms
2

Exterior & Structure

Property type
Condominium
Year built
1925

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$899
County
Miami-Dade
MLS listing ID
A11988292
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

-$1,574

Cap rate
0.2%
Net yield
0.2%
Cash-on-cash return
-19.6%
Gross yield
6.6%
Mortgage payment
$1,635/mo
Down payment
$86,250
Loan amount
$258,750
Annual NOI
$740

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