Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 659 sq ft
Active · Condominium
$449,000
345 Ocean Dr 602, Miami Beach, FL 33139
- Beds
- 1
- Baths
- 1
- Living area
- 659 sq ft
- $ / sq ft
- $681/sq ft
- Year built
- 1970
- Lot size
- —
- HOA fee
- $925
- Annual tax
- —
About this property
Absolutely stunning completely renovated unit in the heart of South Beach. This ocean front unit is in pristine condition, over sized balcony, just steps away from the beach. Come and enjoy the South Beach lifestyle without the hassle of many months of renovation.
Property location
Get Directions345 Ocean Dr 602, Miami Beach, FL 33139
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1970
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $925
- County
- Miami-Dade
- MLS listing ID
- A12028556
- 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
-$1,847
- Cap rate
- 0.8%
- Net yield
- 0.8%
- Cash-on-cash return
- -17.6%
- Gross yield
- 6.5%
- Mortgage payment
- $2,128/mo
- Down payment
- $112,250
- Loan amount
- $336,750
- Annual NOI
- $3,373
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.