655 Meridian Ave 2, Miami Beach, FL 33139 — MLS photo

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655 Meridian Ave 2, Miami Beach, FL 33139

Active · StockCooperative

$200,000

655 Meridian Ave 2, Miami Beach, FL 33139

Beds
0
Baths
1
Living area
0 sq ft
$ / sq ft
—
Year built
1960
Lot size
—
HOA fee
$690 Quarterly
Annual tax
$2,531

About this property

Stunning opportunity in the heart of Miami Beach! This beautifully located unit offers the perfect blend of lifestyle and investment potential, just moments away from the beach, top restaurants, and vibrant South Beach attractions. Featuring a bright and functional layout, this residence includes a junior bedroom and is ideal for end-users or investors looking to own in one of the most desirable areas. Seller is motivated—bring all offers! Don’t miss the chance to secure a property in a prime location with strong appeal and endless possibilities. Information is deemed reliable but not guaranteed. Buyer’s agent is responsible for verifying all information.

Property location

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655 Meridian Ave 2, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
0 sq ft
Flooring
Ceramic Tile
Appliances
Gas Range, Refrigerator
Cooling
Wall Window Units
Heating
Wall Furnace
Interior features
Bedroom On Main Level, First Floor Entry

Exterior & Structure

Property type
StockCooperative
Year built
1960
Stories
2
Architectural style
Garden Apartment
Construction
CBSConcrete Block Structure, Block
Exterior features
Courtyard
View
Garden

Parking

Garage spaces
0
Covered spaces
0
Parking features
None

HOA, Community & Financials

Association fee
$690 Quarterly
Fee inclusions
Common Areas, Sewer, Trash, Water
Security
Complex Fenced, Phone Entry, Smoke Detectors
Pets allowed
Conditional, Yes
Annual tax
$2,531
Subdivision
FREEDOM HOUSE INC-CO-OP
County
Miami-Dade
Days on market
140
MLS listing ID
A11997536
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

-$516

Cap rate
2.6%
Net yield
2.6%
Cash-on-cash return
-11.1%
Gross yield
6.6%
Mortgage payment
$948/mo
Down payment
$50,000
Loan amount
$150,000
Annual NOI
$5,189

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