555 NE 15th St 23I, Miami, FL 33132 — MLS photo

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555 NE 15th St 23I, Miami, FL 33132

Active · Condominium

$350,000

555 NE 15th St 23I, Miami, FL 33132

Beds
1
Baths
2
Living area
860 sq ft
$ / sq ft
$407/sq ft
Year built
1980
Lot size
—
HOA fee
$1,160
Annual tax
—

About this property

Step inside this classy and spacious 1 Bed, 1.5 Bath residence offering 860 SF at Venetia, featuring the most stunning water and city views. Enjoy an oversized balcony perfect for taking in both sunrise and sunset views. The unit features tile and wood flooring, stainless steel appliances, and a new A/C unit. The building has passed its 40-year certification and offers excellent amenities including a pool, jacuzzi, gym, tennis court, pickleball court, basketball court, valet service, and 24-hour security. One assigned covered parking space is included. Ideally located in Edgewater at the entrance of the Venetian Causeway, just minutes from Brickell, Downtown Miami, South Beach, and the MetroMover. Venetia is one of the few buildings in the area offering exclusive marina access, making it ideal for boaters, end-users, and investors alike. All special assessments will be paid in full by the seller at closing. Priced to sell.

Property location

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555 NE 15th St 23I, Miami, FL 33132

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
860 sq ft

Exterior & Structure

Property type
Condominium
Year built
1980

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,160
County
Miami-Dade
MLS listing ID
A12025911
Listing status
Active

Investment intelligence

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

Estimated monthly cash flow

-$1,318

Cap rate
1.2%
Net yield
1.2%
Cash-on-cash return
-16.1%
Gross yield
8.6%
Mortgage payment
$1,659/mo
Down payment
$87,500
Loan amount
$262,500
Annual NOI
$4,099

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