1500 Bay Rd 310S, Miami Beach, FL 33139 — MLS photo

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1500 Bay Rd 310S, Miami Beach, FL 33139

Active · Condominium

$332,800

1500 Bay Rd 310S, Miami Beach, FL 33139

Beds
0
Baths
1
Living area
472 sq ft
$ / sq ft
$705/sq ft
Year built
1960
Lot size
—
HOA fee
$614 Monthly
Annual tax
$3,349

About this property

AUCTION. Come enjoy beautiful views from this affordable priced Studio unit in the Miami South Beach area. Home offers ample living space with a kitchen and 1 bath. Flamingo South Beach complex offers resort-style amenities, including expansive sunset pool decks overlooking Biscayne Bay, a 24-hour fitness center, secure lobby and elevator, yoga studio, co-working spaces, indoor kids’ playroom, onsite dining with a full bar and pool lounge service, coffee shop, mini market, beauty salon, dry cleaner, valet service, dog daycare and more. Pet Friendly community and rentals are allowed. Property is sold as-is with no property disclosure or inspection reports. Don't miss this opportunity.

Interior & exterior features

Appliances

  • None

Cooling

  • Central Air

Heating

  • Central

Views

  • Water

Waterfront

  • Bayfront

Parking

  • Covered
  • Other

Interior features

  • First Floor Entry
  • Bar

Exterior features

  • None

Pool

  • Association

Flooring

  • Other

construction

  • CBSConcrete Block Structure
  • Block
  • Other

security

  • Elevator Secured
  • Lobby Secured
  • Other

association_amenities

  • Business Center
  • Elevators
  • Fitness Center
  • Laundry
  • Other
  • Playground
  • Pool

association_fee_includes

  • Common Areas
  • Hot Water
  • Maintenance Grounds
  • Maintenance Structure
  • Other
  • Sewer
  • Security
  • Trash
  • Water

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

-$1,076

Cap rate
1.8%
Net yield
1.8%
Cash-on-cash return
-13.9%
Gross yield
6.4%
Mortgage payment
$1,578/mo
Down payment
$83,200
Loan amount
$249,600
Annual NOI
$6,015

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