1750 James Ave 9C, Miami Beach, FL 33139 — MLS photo

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1750 James Ave 9C, Miami Beach, FL 33139

Active · Condominium

$289,000

1750 James Ave 9C, Miami Beach, FL 33139

Beds
1
Baths
1
Living area
614 sq ft
$ / sq ft
$471/sq ft
Year built
1970
Lot size
—
HOA fee
$435
Annual tax
—

About this property

Great opportunity to create and customize your dream South Beach residence, just one block from the Ocean and world-famous Lincoln Road. This bright and spacious 9th-floor 1-bedroom / 1-bathroom apartment features a balcony with stunning unobstructed views of South Beach and the Atlantic Ocean, an excellent floor plan, and a bathroom with a rare window for natural light and ventilation. The unit is offered in original condition, providing the perfect canvas for a personalized renovation. The building is in the final phase of a comprehensive renovation program that began in 2022. The current owner has already contributed nearly $100K in special assessments, including the installation of new hurricane-impact windows, allowing the future owner to benefit from these significant upgrades without the associated costs. In addition, both apartment entry doors are scheduled to be replaced with new hurricane-rated doors approved by both the building and the City of Miami Beach, further enhancing safety, security, and long-term value. The property also includes a covered assigned parking space, guest parking, a fitness room, and a community/social room located on the penthouse level. With very low maintenance fees, an unbeatable location, and major building improvements already completed or underway, this is an exceptional opportunity for a primary residence, vacation home, or investment property in the heart of South Beach. Don't miss this opportunity!!!

Property location

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1750 James Ave 9C, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
614 sq ft

Exterior & Structure

Property type
Condominium
Year built
1970

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$435
County
Miami-Dade
MLS listing ID
A12030103
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

-$721

Cap rate
2.7%
Net yield
2.7%
Cash-on-cash return
-10.7%
Gross yield
7.9%
Mortgage payment
$1,370/mo
Down payment
$72,250
Loan amount
$216,750
Annual NOI
$7,786

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