3400 SW 27th Ave 805, Coconut Grove, FL 33133 — MLS photo

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3400 SW 27th Ave 805, Coconut Grove, FL 33133

Active · Condominium

$1,549,000

3400 SW 27th Ave 805, Coconut Grove, FL 33133

Beds
2
Baths
3
Living area
1,540 sq ft
$ / sq ft
$1,006/sq ft
Year built
2001
Lot size
—
HOA fee
$2,748 Monthly
Annual tax
$16,445

About this property

Best-priced two-bedroom home in the highly sought-after Ritz-Carlton Tower Residences, where only a few units are available for sale. Ideally located in the heart of beautiful Coconut Grove, this prime opportunity offers refined luxury living at one of Miami's most prestigious addresses. Residents enjoy access to the Ritz-Carlton's extensive amenities, including a spa, hotel services, in-room dining from Isabelle's restaurant, the sumptuous Commodore Bar, two pools, a state-of-the-art fitness center, and dedicated 24-hour concierge services. This residence offers outstanding value and makes a wonderful home or investment property.

Property location

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3400 SW 27th Ave 805, Coconut Grove, FL 33133

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,540 sq ft
Flooring
Marble
Appliances
Dryer, Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level, Living Dining Room, Main Living Area Entry Level, Split Bedrooms, Separate Shower, Tub Shower, Bar
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
2001
Stories
22
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony
Pool
Association, Heated
Waterfront
Bayfront
View
Other, River, Skyline

Parking

Garage spaces
1
Covered spaces
1
Parking features
Attached, Garage, Guest, One Space, Valet, Garage Door Opener

HOA, Community & Financials

Association fee
$2,748 Monthly
Fee inclusions
Association Management, Amenities, Common Areas, Electricity, Hot Water, Maintenance Structure, Parking, Pools, Sewer, Security, Trash, Water
Amenities
Elevators, Fitness Center, Barbecue, Other, Picnic Area, Pool, Spa Hot Tub, Trash
Security
Door Man, Elevator Secured, Secured Garage Parking, Fire Sprinkler System, Smoke Detectors
Pets allowed
Size Limit, Yes
Annual tax
$16,445
Subdivision
Tower Residences
County
Miami-Dade
Days on market
73
MLS listing ID
A12007308
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

-$6,036

Cap rate
1.0%
Net yield
1.0%
Cash-on-cash return
-16.7%
Gross yield
5.4%
Mortgage payment
$7,343/mo
Down payment
$387,250
Loan amount
$1,161,750
Annual NOI
$15,682

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