1007 Meridian Ave 9, Miami Beach, FL 33139 — MLS photo

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1007 Meridian Ave 9, Miami Beach, FL 33139

Active · Condominium

$240,000

1007 Meridian Ave 9, Miami Beach, FL 33139

Beds
0
Baths
1
Living area
420 sq ft
$ / sq ft
$571/sq ft
Year built
1939
Lot size
—
HOA fee
$600
Annual tax
—

About this property

Beautiful and well-maintained unit located in the heart of Miami Beach. This charming residence offers a functional layout with abundant natural light, a comfortable living space, and a great atmosphere throughout. Ideally situated just minutes from the beach, shopping, dining, and entertainment, providing the perfect combination of convenience and lifestyle. The building is well-kept and offers a desirable residential environment in a prime location. Ideal for end-users or investors. Information is deemed reliable but not guaranteed and must be verified by the buyer’s agent.

Property location

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1007 Meridian Ave 9, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
420 sq ft

Exterior & Structure

Property type
Condominium
Year built
1939

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$600
County
Miami-Dade
MLS listing ID
A12016085
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

-$983

Cap rate
0.8%
Net yield
0.8%
Cash-on-cash return
-17.6%
Gross yield
7.1%
Mortgage payment
$1,138/mo
Down payment
$60,000
Loan amount
$180,000
Annual NOI
$1,853

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