505 74th St 6B, Miami Beach, FL 33141 — MLS photo

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505 74th St 6B, Miami Beach, FL 33141

Active · Condominium

$249,000

505 74th St 6B, Miami Beach, FL 33141

Beds
1
Baths
1
Living area
792 sq ft
$ / sq ft
$314/sq ft
Year built
1952
Lot size
—
HOA fee
$844
Annual tax
—

About this property

Located in the heart of North Beach, this beautifully maintained and oversized 1-bedroom, 1-bath residence offers the perfect blend of charm, location, and investment potential. Situated on the second floor of a classic Art Deco building, the unit features the rare convenience of an in-unit washer and dryer, a highly desirable upgrade in this area. Just two blocks from the beach and steps from Collins Avenue, you are surrounded by top restaurants, cafés, and everyday essentials including Publix. This prime location continues to gain attention, highlighted by recent activity on the same street. The unit is currently vacant and move-in ready, offering flexibility for both end users and investors. Its spacious layout and unbeatable location ensure strong rental demand year-round. Additionally, the building offers low monthly maintenance fees, further enhancing its appeal. A rare opportunity to own a piece of Miami Beach in one of its most vibrant and evolving neighborhoods.

Property location

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505 74th St 6B, Miami Beach, FL 33141

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
792 sq ft

Exterior & Structure

Property type
Condominium
Year built
1952

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$844
County
Miami-Dade
MLS listing ID
A11999272
Listing status
Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$665

Cap rate
2.5%
Net yield
2.5%
Cash-on-cash return
-11.4%
Gross yield
10.2%
Mortgage payment
$1,180/mo
Down payment
$62,250
Loan amount
$186,750
Annual NOI
$6,186

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