919 Michigan Avenue 3, Miami Beach, FL 33139 — MLS photo

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919 Michigan Avenue 3, Miami Beach, FL 33139

Active · Condominium

$243,000

919 Michigan Avenue 3, Miami Beach, FL 33139

Beds
1
Baths
1
Living area
635 sq ft
$ / sq ft
$383/sq ft
Year built
1968
Lot size
—
HOA fee
$646
Annual tax
—

About this property

Amazing 1 Bedroom / 1 Bath at the heart of South Beach. Walking distance to Lincoln Rd and the beach. Unit features open kitchen, washer/dryer, one assigned parking space and lots of storage. Unit access located at ground level. Rentals allowed (No short term). Great investment.

Property location

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919 Michigan Avenue 3, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
635 sq ft

Exterior & Structure

Property type
Condominium
Year built
1968
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$646
County
Miami-Dade
MLS listing ID
B26031886
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

-$695

Cap rate
2.3%
Net yield
2.3%
Cash-on-cash return
-12.2%
Gross yield
8.9%
Mortgage payment
$1,152/mo
Down payment
$60,750
Loan amount
$182,250
Annual NOI
$5,489

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