321 NE 26th St 604, Miami, FL 33137 — MLS photo

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321 NE 26th St 604, Miami, FL 33137

Active · Condominium

$355,000

321 NE 26th St 604, Miami, FL 33137

Beds
1
Baths
1
Living area
560 sq ft
$ / sq ft
$634/sq ft
Year built
2018
Lot size
—
HOA fee
$654
Annual tax
—

About this property

One bedroom - one bathroom unit available at one of the newest luxury condos in the Biscayne corridor. 26 Edgewater Condominium offers stylish kitchens and bathrooms with a superb Edgewater location steps away from Wynwood, Midtown, and the Design district. The building also offers excellent amenities like a doorman, a well equipped fitness center, a community clubhouse, and a spectacular rooftop pool. Wont last. This "investor ready" unit comes occupied with a tenant until March of 2027 paying $2300 a month and can also be sold along with unit 802 that is also listed for the perfect two unit investor package. Call the listing agent for additional info and to schedule any showings.

Property location

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321 NE 26th St 604, Miami, FL 33137

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
560 sq ft

Exterior & Structure

Property type
Condominium
Year built
2018

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$654
County
Miami-Dade
MLS listing ID
A12023867
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

-$1,320

Cap rate
1.2%
Net yield
1.2%
Cash-on-cash return
-15.9%
Gross yield
6.7%
Mortgage payment
$1,683/mo
Down payment
$88,750
Loan amount
$266,250
Annual NOI
$4,349

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