Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 930 sq ft
Active · Condominium
$449,000
1228 West Ave 209, Miami Beach, FL 33139
- Beds
- 1
- Baths
- 1
- Living area
- 930 sq ft
- $ / sq ft
- $483/sq ft
- Year built
- 1971
- Lot size
- —
- HOA fee
- $927
- Annual tax
- —
About this property
What A DEAL! Price reduction! Sunny, OVERSIZED and oh so spacious east facing unit in the heart of South Beach. Updated unit with an open kitchen, impact windows, balcony accessible from bedroom and living roo. PLUS a HUGE walk in closet!! Great updated building with extra storage, bike storage, centraly located within walking distance of Flamingo Park, groceries (Whole Foods, Publix, Trader Joe’s, Fresh Market. The beach is just a few blocks away. Nicely equipped gym, beautiful bay side pool, and ......dockage as available for unit owners!. How sweet it is! Assigned parking, Pet friendly building and FINANCEABLE!
Property location
Get Directions1228 West Ave 209, Miami Beach, FL 33139
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1971
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $927
- County
- Miami-Dade
- MLS listing ID
- A11992624
- 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
-$1,410
- Cap rate
- 1.9%
- Net yield
- 1.9%
- Cash-on-cash return
- -13.5%
- Gross yield
- 7.8%
- Mortgage payment
- $2,128/mo
- Down payment
- $112,250
- Loan amount
- $336,750
- Annual NOI
- $8,619
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.