1865 79th Street Cswy 14K, Miami Beach, FL 33141 — MLS photo

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1865 79th Street Cswy 14K, Miami Beach, FL 33141

Active · Condominium

$499,000

1865 79th Street Cswy 14K, Miami Beach, FL 33141

Beds
2
Baths
2
Living area
1,509 sq ft
$ / sq ft
$331/sq ft
Year built
1952
Lot size
—
HOA fee
$1,361
Annual tax
—

About this property

Beautifully remodeled 2/2 unit in Kennedy House located in North Bay Village in the midst of area renaissance, with new luxury developments abound. Across the street under construction is Shoma Bay Luxury Residences that will include a new Publix. Very spacious with over 1,500 sf - large balcony w/views to bay & ocean. HOA includes DIRECTV cable and internet via WebPass. Wonderful amenities include remodeled gym, recreation room, business center, resort style pool w/expansive deck overlooking bay. Laundry room facilities located directly next door to unit. 1 parking space. **Special Assessment was recently passed for 50 yr recertification and SIRS - Unit 14K total estimated will be $69,971.00 - SELLER WILL PAY OFF SP. ASSMT at closing** Minutes away from Miami Beach, Design District, downtown & Airport. 79 St Causeway direct connect to I-95. Unit vacant, easy to show. 24 hour prior notice requested. Request through Show Assist.

Property location

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1865 79th Street Cswy 14K, Miami Beach, FL 33141

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,509 sq ft

Exterior & Structure

Property type
Condominium
Year built
1952

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,361
County
Miami-Dade
MLS listing ID
A11997033
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

-$1,128

Cap rate
3.0%
Net yield
3.0%
Cash-on-cash return
-9.7%
Gross yield
9.8%
Mortgage payment
$2,366/mo
Down payment
$124,750
Loan amount
$374,250
Annual NOI
$14,844

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