1600 NE 1 AVE 3519, Miami, FL 33132 — MLS photo

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1600 NE 1 AVE 3519, Miami, FL 33132

Active · Condominium

$485,000

1600 NE 1 AVE 3519, Miami, FL 33132

Beds
1
Baths
1
Living area
— sq ft
$ / sq ft
—
Year built
2018
Lot size
—
HOA fee
$750
Annual tax
—

About this property

Exceptional opportunity to own a 1-bedroom, 1-bath residence at Canvas Condominium in Downtown Miami with approximately 800 SF plus a private balcony and sweeping city views from the 35th floor. Ideal for investors, as the building permits short-term rentals/Airbnb and the unit has an established track record on Airbnb and other short-term rental platforms. Available fully furnished as a turnkey investment or unfurnished. AS IS Contract only. Pre-approval or proof of funds required with all offers. Per condominium requirements, 24-hour notice required for showings. Condo has Reserves. The residence features an in-unit Peloton, washer/dryer, assigned parking, and access to resort-style amenities including 3 pools, gym, spa, sauna, theater, and 24/7 concierge. Proven appeal to short-term guests, snowbirds, remote workers, and traveling professionals seeking an elevated Miami stay. Prime location near Wynwood, Design District, Brickell, Downtown Miami, Brightline, and Miami Beach. Rare opportunity to acquire an income-producing property with proven short-term rental performance in one of Miami’s most sought-after neighborhoods. Inquire for rental history, furnishing details, and private showings.

Property location

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1600 NE 1 AVE 3519, Miami, FL 33132

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Facts & features

Interior

Bedrooms
1
Bathrooms
1

Exterior & Structure

Property type
Condominium
Year built
2018

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$750
County
Miami-Dade
MLS listing ID
A12025064
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

-$1,699

Cap rate
1.5%
Net yield
1.5%
Cash-on-cash return
-15.0%
Gross yield
6.6%
Mortgage payment
$2,299/mo
Down payment
$121,250
Loan amount
$363,750
Annual NOI
$7,204

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