3250 NE 1st Ave 913, Miami, FL 33137 — MLS photo

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3250 NE 1st Ave 913, Miami, FL 33137

Active · Condominium

$599,000

3250 NE 1st Ave 913, Miami, FL 33137

Beds
2
Baths
2
Living area
1,111 sq ft
$ / sq ft
$539/sq ft
Year built
2007
Lot size
—
HOA fee
$1,649 Monthly
Annual tax
$8,797

About this property

Unbeatable Midtown Location! Discover this exceptional industrial loft-style residence at Midblock, perfectly situated in the vibrant heart of Midtown Miami. This rare sophisticated minimalist design, featuring 2 bedrooms and 2 bathrooms, an open-concept kitchen with sleek stone countertops, generously sized walk-in closets, and a private balcony offering breathtaking city views. The flexibility for DAILY RENTALS presents a significant income generating opportunity. Residents enjoy access to resort-style amenities, including a pool, rejuvenating spa, BBQ area, and putting green. Ideally located, you're just moments from the renowned Midtown, Design District, and Wynwood neighborhoods. Motivated seller seeking a motivated investor – this is an opportunity that you can't miss.

Property location

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3250 NE 1st Ave 913, Miami, FL 33137

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,111 sq ft
Flooring
Tile
Appliances
Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Trash Compactor, Washer
Cooling
Central Air
Heating
None
Interior features
Bedroom On Main Level, Breakfast Area, Closet Cabinetry, Eat In Kitchen, Living Dining Room, Walk In Closets, Elevator

Exterior & Structure

Property type
Condominium
Year built
2007
Stories
11
Construction
Block
Exterior features
Balcony, Barbecue, Security High Impact Doors
Pool
Association
View
City

Parking

Garage spaces
1
Covered spaces
1
Parking features
One Space, Garage Door Opener

HOA, Community & Financials

Association fee
$1,649 Monthly
Fee inclusions
Common Areas, Maintenance Grounds, Maintenance Structure, Pools, Sewer, Trash
Amenities
Cabana, Fitness Center, Pool, Elevators
Security
Elevator Secured, Key Card Entry, Lobby Secured, Smoke Detectors
Pets allowed
Conditional, Yes
Annual tax
$8,797
Subdivision
MIDBLOCK MIAMI CONDO
County
Miami-Dade
Days on market
48
MLS listing ID
A12004252
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

-$2,289

Cap rate
1.1%
Net yield
1.1%
Cash-on-cash return
-16.4%
Gross yield
7.3%
Mortgage payment
$2,840/mo
Down payment
$149,750
Loan amount
$449,250
Annual NOI
$6,610

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