Active · Condominium
$245,000
549 Meridian Ave 12, Miami Beach, FL 33139
- Beds
- 1
- Baths
- 1
- Living area
- 600 sq ft
- $ / sq ft
- $408/sq ft
- Year built
- 1965
- Lot size
- —
- HOA fee
- $490 Monthly
- Annual tax
- $3,675
About this property
Owner motivated! Charming 1-bedroom, 1-bath condo ideally located on desirable Meridian Avenue in the heart of Miami Beach. This bright and inviting residence offers 600 SF of living space, a functional layout, assigned parking, and a private balcony. Enjoy a prime location just moments from Flamingo Park, South Pointe, world-famous beaches, restaurants, shopping, and entertainment. Whether you're looking for a primary residence, vacation getaway, or investment opportunity, this property offers exceptional value in one of Miami Beach's most sought-after neighborhoods. Tenant occupied, providing immediate income potential for investors.
Interior & exterior features
Appliances
- Electric Range
- Microwave
- Refrigerator
Cooling
- Central Air
Heating
- Central
Views
- None
Parking
- Assigned
- One Space
Interior features
- Bedroom On Main Level
- Second Floor Entry
- Eat In Kitchen
- Family Dining Room
- Tub Shower
Exterior features
- Balcony
Flooring
- Carpet
construction
- CBSConcrete Block Structure
- Block
security
- Key Card Entry
association_amenities
- None
association_fee_includes
- Parking
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
-$522
- Cap rate
- 3.1%
- Net yield
- 3.1%
- Cash-on-cash return
- -9.1%
- Gross yield
- 8.6%
- Mortgage payment
- $1,161/mo
- Down payment
- $61,250
- Loan amount
- $183,750
- Annual NOI
- $7,673
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.