1201 20th St CU-7, Miami Beach, FL 33139 — MLS photo

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1201 20th St CU-7, Miami Beach, FL 33139

Pending · Retail

$1,300,000

1201 20th St CU-7, Miami Beach, FL 33139

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
2016
Lot size
—
HOA fee
$2,950 Monthly
Annual tax
$17,336

About this property

Highly desirable street-front retail space featuring floor-to-ceiling glass walls, ideally positioned just outside the gates of the prestigious Sunset Harbor residential community. This modern, upscale commercial condo is located in PALAU Sunset Harbour and offers excellent visibility from Alton Road, benefiting from strong daily traffic exposure. Beautifully designed and move-in ready, the space is perfectly suited for high-end fashion retail or a variety of upscale commercial uses.

Property location

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1201 20th St CU-7, Miami Beach, FL 33139

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Facts & features

Interior

Bathrooms
0
Flooring
Hardwood, Wood
Cooling
Central Air
Heating
Central

Exterior & Structure

Property type
Retail
Year built
2016
Lot size
0 sq ft
Construction
CBSConcrete Block Structure, Block

Parking

Covered spaces
0

HOA, Community & Financials

Association fee
$2,950 Monthly
Security
Fire Sprinkler System
Annual tax
$17,336
County
Miami-Dade
Days on market
139
MLS listing ID
A12013320
Listing status
Pending

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

-$4,881

Cap rate
1.2%
Net yield
1.2%
Cash-on-cash return
-16.1%
Gross yield
6.6%
Mortgage payment
$6,163/mo
Down payment
$325,000
Loan amount
$975,000
Annual NOI
$15,384

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