8741 NE 4th Ave Rd 8741, Miami Shores, FL 33138 — MLS photo

Active · Condominium

$290,000

8741 NE 4th Ave Rd 8741, Miami Shores, FL 33138

Beds: 2
Baths: 2
Living area: 954 sq ft
$ / sq ft: $304/sq ft
Year built: 1974
Lot size: —
HOA fee: $884 Monthly
Annual tax: $4,901

About this property

This charming two-story townhouse in the heart of Miami Shores offers an unbeatable location, perfect for those seeking a vibrant community and easy access to local amenities. With spacious living areas and abundant natural light, this home features 2 bedrooms and 1.5 baths. The residence also boasts ample storage space, a cozy patio, and parking. Enjoy the convenience of being near shops, dining, parks, and top-rated schools, all within the desirable Miami Shores neighborhood.

Property location

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8741 NE 4th Ave Rd 8741, Miami Shores, FL 33138

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Facts & features

Interior

Bedrooms: 2
Bathrooms: 2
Living area: 954 sq ft
Flooring: Laminate, Tile
Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
Cooling: Central Air
Heating: Central
Interior features: First Floor Entry, Upper Level Primary
Furnished: Unfurnished

Exterior & Structure

Property type: Condominium
Year built: 1974
Stories: 2
Architectural style: Other
Construction: Block
Exterior features: Other
Pool: Association
View: Garden

Parking

Garage spaces: 0
Covered spaces: 0
Parking features: One Space

HOA, Community & Financials

Association fee: $884 Monthly
Fee inclusions: Amenities
Amenities: Clubhouse, Pool
Pets allowed: Conditional, Yes
Annual tax: $4,901
Subdivision: SHORES VILLAS CONDO BLDG
County: Miami-Dade
Days on market: 114
MLS listing ID: A12000125
Listing status: Active

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Estimated monthly cash flow

-$573

Cap rate: 3.3%
Net yield: 3.3%
Cash-on-cash return: -8.5%
Gross yield: 10.4%
Mortgage payment: $1,375/mo
Down payment: $72,500
Loan amount: $217,500
Annual NOI: $9,623

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