1688 West Ave 1205, Miami Beach, FL 33139 — MLS photo

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1688 West Ave 1205, Miami Beach, FL 33139

Active · Condominium

$575,000

1688 West Ave 1205, Miami Beach, FL 33139

Beds
2
Baths
2
Living area
1,070 sq ft
$ / sq ft
$537/sq ft
Year built
1995
Lot size
—
HOA fee
$1,323
Annual tax
—

About this property

Welcome to the best of South Beach living. This high-floor 2 bed, 2 bath home has been lovingly maintained by its original owner and is now ready for its next chapter. The bright, airy split floor plan offers generous living spaces, three large walk-in closets, and the convenience of in-unit laundry. Set in a well-run boutique building directly across from Trader Joe’s, you’re surrounded by the neighborhood’s favorite restaurants, shops, and the beach—all within an easy stroll. The association will begin installing new hurricane-impact windows and balcony doors this fall, a major upgrade that will enhance comfort, reduce noise, and lower the building’s master insurance policy. Completion is anticipated within six months of start. With two assigned parking spaces (one covered), this is an exceptional opportunity for someone who wants to personalize a great layout in a quiet, primarily residential building. Priced accordingly. Please text the agent for showings with at least 24 hours’ notice. Agent must accompany.

Property location

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1688 West Ave 1205, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,070 sq ft

Exterior & Structure

Property type
Condominium
Year built
1995

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,323
County
Miami-Dade
MLS listing ID
A11993284
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

-$2,138

Cap rate
1.2%
Net yield
1.2%
Cash-on-cash return
-15.9%
Gross yield
7.3%
Mortgage payment
$2,726/mo
Down payment
$143,750
Loan amount
$431,250
Annual NOI
$7,050

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