1621 Bay Rd 802, Miami Beach, FL 33139 — MLS photo

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1621 Bay Rd 802, Miami Beach, FL 33139

Active · Condominium

$712,000

1621 Bay Rd 802, Miami Beach, FL 33139

Beds
3
Baths
2
Living area
1,070 sq ft
$ / sq ft
$665/sq ft
Year built
1997
Lot size
—
HOA fee
$1,250
Annual tax
—

About this property

Welcome to Unit 802 at 1621 Bay Road, a bright and spacious home with a layout that really stands out. Originally a three-bedroom, it’s been opened up into a large two-bedroom, creating an oversized living area that’s hard to find and perfect for both relaxing and entertaining. The open kitchen flows seamlessly into the living and dining space, while large windows fill the home with natural light, giving it an airy, inviting feel throughout. Step outside onto one of 2 private balconies, ideal for enjoying your morning coffee or unwinding at the end of the day. Additional highlights include an in-unit washer and dryer and 2 dedicated parking spaces, offering both comfort and convenience. With its flexible layout and generous living space, this home is a great fit for anyone looking for something more open and easy to live in.

Property location

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1621 Bay Rd 802, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
1,070 sq ft

Exterior & Structure

Property type
Condominium
Year built
1997

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,250
County
Miami-Dade
MLS listing ID
A11996204
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

-$2,672

Cap rate
1.2%
Net yield
1.2%
Cash-on-cash return
-16.1%
Gross yield
6.5%
Mortgage payment
$3,375/mo
Down payment
$178,000
Loan amount
$534,000
Annual NOI
$8,435

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