7740 Abbott Ave 5B, Miami Beach, FL 33141 — MLS photo

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7740 Abbott Ave 5B, Miami Beach, FL 33141

Active · Condominium

$315,000

7740 Abbott Ave 5B, Miami Beach, FL 33141

Beds
2
Baths
2
Living area
851 sq ft
$ / sq ft
$370/sq ft
Year built
1982
Lot size
—
HOA fee
$460
Annual tax
—

About this property

MIAMI BEACH RARE OPPORTUNITY. 2BR/2BA Miami Beach apartment. Great investment with low HOA fees-returns up, strong rental demand. Blocks to the beach. Large balcony. Pet friendly. No building amenities low fees. W/D in the unit. Impact windows.

Property location

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7740 Abbott Ave 5B, Miami Beach, FL 33141

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
851 sq ft

Exterior & Structure

Property type
Condominium
Year built
1982

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$460
County
Miami-Dade
MLS listing ID
A12008865
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

-$478

Cap rate
3.9%
Net yield
3.9%
Cash-on-cash return
-6.5%
Gross yield
9.1%
Mortgage payment
$1,493/mo
Down payment
$78,750
Loan amount
$236,250
Annual NOI
$12,188

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