Active · Condominium
$305,000
8501 NW 8th St 105, Miami, FL 33126
- Beds
- 2
- Baths
- 2
- Living area
- 1,099 sq ft
- $ / sq ft
- $278/sq ft
- Year built
- 1977
- Lot size
- —
- HOA fee
- $627 Monthly
- Annual tax
- $0
About this property
First-floor condo in the desirable Summit Chase community, offering the perfect combination of comfort, convenience, and accessibility. With no stairs or elevators, this home is ideal for those seeking easy access, including seniors, individuals with mobility needs, or anyone who appreciates the convenience of first-floor living. Inside, you'll find a bright and spacious living area highlighted by a distinctive decorative rock accent wall that adds warmth and character. The screened-in patio provides the perfect space to enjoy your morning coffee or unwind after a long day. The kitchen features stainless steel appliances, while the oversized walk-in closet offers exceptional storage. Residents of Summit Chase enjoy a wealth of community amenities, including 24-hour security, a sparkling swimming pool, tennis courts, and a clubhouse. The property includes one assigned parking space with plenty of guest parking available. Ideally located with quick access to SR 836 (Dolphin Expressway), the Florida Turnpike, shopping, dining, healthcare facilities, and major employment centers, this condo offers an unbeatable combination of lifestyle and location. The building has also successfully completed its 40-year certification, providing additional peace of mind for buyers. This move-in-ready condo is one you won't want to miss.
Interior & exterior features
Appliances
- Dishwasher
- Electric Range
- Refrigerator
Cooling
- Central Air
Heating
- Central
Views
- Garden
Parking
- Guest
- One Space
Interior features
- Bedroom On Main Level
- First Floor Entry
- Handicap Access
- Main Level Primary
Exterior features
- Enclosed Porch
- Patio
Pool
- Association
Flooring
- Tile
construction
- Block
security
- Complex Fenced
- Security Guard
association_amenities
- Clubhouse
- Laundry
- Pool
- Tennis Courts
- Elevators
association_fee_includes
- Association Management
- Amenities
- Common Areas
- Insurance
- Laundry
- Maintenance Grounds
- Maintenance Structure
- Parking
- Pools
- Recreation Facilities
- Reserve Fund
- Roof
- 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
$285
- Cap rate
- 6.8%
- Net yield
- 6.8%
- Cash-on-cash return
- 4.0%
- Gross yield
- 11.1%
- Mortgage payment
- $1,446/mo
- Down payment
- $76,250
- Loan amount
- $228,750
- Annual NOI
- $20,765
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.