1325 Meridian Ave 5, Miami Beach, FL 33139 — MLS photo

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1325 Meridian Ave 5, Miami Beach, FL 33139

Active · Condominium

$275,000

1325 Meridian Ave 5, Miami Beach, FL 33139

Beds
1
Baths
1
Living area
530 sq ft
$ / sq ft
$519/sq ft
Year built
1952
Lot size
—
HOA fee
$525 Monthly
Annual tax
$2,759

About this property

Modern one bedroom located in the heart of South Beach, and across the street from Flamingo Park (Tennis court, swiming pool, basketball, soccer field and much more!) This spacious unit is centrally located along tree lined Meridian Avenue and just a few blocks to Lincoln Rd shops, Ocean Drive and the beautiful beach. This great unit offers an open kitchen with stainless steel appliances and and beautiful floors through out. Charming Bedroom suite and built-in closets! Low HOA! Laundry in the building. pets ok! Come and live in one of the best neighborhoods in south beach!

Property location

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1325 Meridian Ave 5, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
530 sq ft
Flooring
Tile
Appliances
Electric Range, Microwave, Refrigerator
Cooling
Ceiling Fans, Wall Window Units
Heating
Electric
Interior features
Built In Features, Bedroom On Main Level, First Floor Entry

Exterior & Structure

Property type
Condominium
Year built
1952
Stories
2
Architectural style
Garden Apartment
Construction
Block
Exterior features
Balcony
View
Other

Parking

Garage spaces
0
Covered spaces
0
Parking features
On Street

HOA, Community & Financials

Association fee
$525 Monthly
Fee inclusions
Sewer, Water
Amenities
Other
Security
Complex Fenced, Other, Smoke Detectors
Pets allowed
Conditional, Yes
Annual tax
$2,759
Subdivision
THE LESLIE CONDO
County
Miami-Dade
Days on market
169
MLS listing ID
A11996561
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

-$680

Cap rate
2.7%
Net yield
2.7%
Cash-on-cash return
-10.6%
Gross yield
7.5%
Mortgage payment
$1,304/mo
Down payment
$68,750
Loan amount
$206,250
Annual NOI
$7,484

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