1601 Meridian Ave 104, Miami Beach, FL 33139 — MLS photo

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1601 Meridian Ave 104, Miami Beach, FL 33139

Active · Condominium

$220,000

1601 Meridian Ave 104, Miami Beach, FL 33139

Beds
1
Baths
1
Living area
395 sq ft
$ / sq ft
$557/sq ft
Year built
1954
Lot size
—
HOA fee
$660
Annual tax
—

About this property

Live in the heart of South Beach in this beautifully renovated 1-bedroom, 1-bath residence. Thoughtfully updated with upgraded finishes, this bright and functional home features a fully equipped kitchen, bathroom, and smart use of space designed for comfortable everyday living. This building recertification was issued by the City of Miami Beach on 03/2024. Enjoy the convenience of a prime SoBe location just moments from world-famous beaches, dining, shopping, entertainment, and neighborhood favorites. Whether you're looking for a full-time residence, seasonal getaway, or convenient Miami Beach retreat, this move-in-ready home offers the perfect blend of comfort, efficiency, and unbeatable location.

Property location

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1601 Meridian Ave 104, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
395 sq ft

Exterior & Structure

Property type
Condominium
Year built
1954

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$660
County
Miami-Dade
MLS listing ID
A12028259
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

-$995

Cap rate
0.3%
Net yield
0.3%
Cash-on-cash return
-19.4%
Gross yield
7.2%
Mortgage payment
$1,043/mo
Down payment
$55,000
Loan amount
$165,000
Annual NOI
$573

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