1380 71st St, Miami Beach, FL 33141 — MLS photo

Active · SingleFamilyResidence

$1,100,000

1380 71st St, Miami Beach, FL 33141

Beds: 5
Baths: 3
Living area: 1,860 sq ft
$ / sq ft: $591/sq ft
Year built: 1949
Lot size: 6,745 sq ft
HOA fee: —
Annual tax: $11,458

About this property

Great PRICE and great investment opportunity in rapidly appreciating Normandy Isles! This single-family home offers a 5BD/3BA main residence plus one studio, high-impact windows and doors, a 4-year-old roof, and a spacious backyard ideal for entertaining. Perfect for investors or owner-occupants seeking additional income streams. Can easily be reconverted into a larger single-family estate just minutes from the beach, malls, great schools, hospitals, restaurants, shopping, supermarket, and more. Don't be the last call me ASAP!!!

Property location

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1380 71st St, Miami Beach, FL 33141

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Facts & features

Interior

Bedrooms: 5
Bathrooms: 3
Living area: 1,860 sq ft
Flooring: Ceramic Tile
Appliances: Dryer, Disposal, Microwave, Refrigerator, Trash Compactor, Washer
Cooling: Central Air
Heating: Electric
Interior features: Bedroom On Main Level, Closet Cabinetry, First Floor Entry, Main Level Primary, Walk In Closets

Exterior & Structure

Property type: SingleFamilyResidence
Year built: 1949
Lot size: 6,745 sq ft
Architectural style: Detached, One Story
Roof: Other
Construction: Block
Exterior features: Fence, Security High Impact Doors, Patio
Pool: None
View: Garden

Parking

Garage spaces: 1
Covered spaces: 1
Parking features: Attached, Driveway, Garage, Other

HOA, Community & Financials

Pets allowed: No, Yes
Annual tax: $11,458
Subdivision: OCEANSIDE SEC ISLE OF NOR
County: Miami-Dade
Days on market: 1
MLS listing ID: A12024499
Listing status: Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

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Monthly HOA ($)

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Estimated monthly cash flow

-$1,075

Cap rate: 4.5%
Net yield: 4.5%
Cash-on-cash return: -4.2%
Gross yield: 7.0%
Mortgage payment: $5,215/mo
Down payment: $275,000
Loan amount: $825,000
Annual NOI: $49,670

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