7441 Wayne Ave 2O, Miami Beach, FL 33141 — MLS photo

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7441 Wayne Ave 2O, Miami Beach, FL 33141

Active · Condominium

$204,500

7441 Wayne Ave 2O, Miami Beach, FL 33141

Beds
1
Baths
1
Living area
750 sq ft
$ / sq ft
$273/sq ft
Year built
1964
Lot size
—
HOA fee
$721
Annual tax
—

About this property

INCREDIBLE OPPORTUNITY! PRICE TO SELL!!! Lowest-priced spacious 1-bedroom unit in the highly desirable North Beach area, offering outstanding value and a full range of amenities, one assigned parking spot +one unassigned, the $721 HOA includes, high speed fiber internet, cable tv, water and sewer and storage. This well-maintained residence features generous living spaces, ample storage, a fully equipped kitchen, and a large bedroom. Brand-new high-impact windows are recently installed ,adding value and peace of mind. Laundry facilities are conveniently located on every floor. The building offers 24-hour security, package receiving services, and an impressive list of amenities, including fiber-optic internet, cable TV, water and sewer, a fitness center, bike storage, and a gorgeous pool that is currently open and not under construction. This unit comes with Storage room. THE SELLER PAID IN FULL THE CURRENT SPECIAL ASSESSMENT OF APPROXIMATELY $32,000 COVERING THE BUILDING'S ONGOING IMPROVEMENTS.T Ideally located within walking distance of the beach, restaurants, shopping, and public transportation. Call the listing agent today,this exceptional opportunity will not last!

Property location

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7441 Wayne Ave 2O, Miami Beach, FL 33141

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
750 sq ft

Exterior & Structure

Property type
Condominium
Year built
1964

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$721
County
Miami-Dade
MLS listing ID
A12032657
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

-$413

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.7%
Gross yield
11.2%
Mortgage payment
$969/mo
Down payment
$51,125
Loan amount
$153,375
Annual NOI
$6,680

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