3 Island Ave 11B, Miami Beach, FL 33139 — MLS photo

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3 Island Ave 11B, Miami Beach, FL 33139

Active · Condominium

$619,000

3 Island Ave 11B, Miami Beach, FL 33139

Beds
1
Baths
1
Living area
790 sq ft
$ / sq ft
$784/sq ft
Year built
1962
Lot size
—
HOA fee
—
Annual tax
$5,883

About this property

Bright one bedroom apartment in cool Morris Lapidus building on Belle Isle. Renovated with sleek carrara marble floors throughout with semi-open kitchen. Spacious bathroom with opening to admire the views with natural light. Impact windows and newly permitted wall-to-wall sliding doors which open both ways to enjoy water and park views from an ample balcony. This condominium has a stunning west facing pool and deck on the bay to sunbathe and rejoice in the most fantastic sunsets all year round. Located in hip and trendy Belle Isle on the Venetian Causeway, right across The Standard Hotel. Just steps away from restaurants and Trader Joe's, Fresh Market and Publix in Sunset Harbour and Lincoln Road. Ready to move in and easy to show!

Property location

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3 Island Ave 11B, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
790 sq ft
Flooring
Marble
Appliances
Dishwasher, Electric Range, Electric Water Heater, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Built In Features, Living Dining Room, Shower Only
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1962
Stories
15
Construction
Block
Exterior features
Balcony, Barbecue, Deck, Security High Impact Doors
Pool
Heated
Waterfront
Bayfront
View
Bay, Garden, Other

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, One Space

HOA, Community & Financials

Association fee
$0 Monthly
Fee inclusions
Association Management, Common Areas, Cable Tv, Insurance, Laundry, Legal Accounting, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pools, Sewer, Trash, Water
Amenities
Bike Storage, Laundry, Barbecue, Picnic Area, Pool, Trash, Elevators
Security
Door Man, Key Card Entry, Lobby Secured, Fire Sprinkler System, Smoke Detectors
Pets allowed
Conditional, Cats Ok, Dogs Ok, Yes
Annual tax
$5,883
Subdivision
BELLE ISLE
County
Miami-Dade
Days on market
80
MLS listing ID
A12028109
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

-$974

Cap rate
3.8%
Net yield
3.8%
Cash-on-cash return
-6.7%
Gross yield
6.1%
Mortgage payment
$2,934/mo
Down payment
$154,750
Loan amount
$464,250
Annual NOI
$23,523

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