1650 Coral Way 601, Miami, FL 33145 — MLS photo

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1650 Coral Way 601, Miami, FL 33145

Active · Condominium

$425,000

1650 Coral Way 601, Miami, FL 33145

Beds
2
Baths
2
Living area
1,030 sq ft
$ / sq ft
$413/sq ft
Year built
2002
Lot size
—
HOA fee
$1,583
Annual tax
—

About this property

Centrally located 2BR/2BA condo in Coral Way, minutes from Coral Gables, Brickell & Coconut Grove. Spacious layout with marble floors in living areas, hardwood in bedrooms, updated kitchen with granite countertops & brand-new stainless steel appliances. In-unit laundry room with pantry space + washer/dryer. Two private balconies. Secure building with intercom, amenities include billiard room, clubhouse, elevator & fitness room. 2 assigned covered parking spaces. Close to MIA, major expressways, shopping & dining. Motivated seller—bring all offers!

Property location

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1650 Coral Way 601, Miami, FL 33145

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,030 sq ft

Exterior & Structure

Property type
Condominium
Year built
2002

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,583
County
Miami-Dade
MLS listing ID
A11996636
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

-$1,798

Cap rate
0.6%
Net yield
0.6%
Cash-on-cash return
-18.1%
Gross yield
8.5%
Mortgage payment
$2,015/mo
Down payment
$106,250
Loan amount
$318,750
Annual NOI
$2,602

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