601 NE 23rd St 1505, Miami, FL 33137 — MLS photo

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601 NE 23rd St 1505, Miami, FL 33137

Active · Condominium

$590,000

601 NE 23rd St 1505, Miami, FL 33137

Beds
3
Baths
2
Living area
1,320 sq ft
$ / sq ft
$447/sq ft
Year built
2012
Lot size
—
HOA fee
$1,217 Monthly
Annual tax
$8,356

About this property

Stunning High-Floor 3BR/2BA in Edgewater with Biscayne Bay Views Enjoy breathtaking bay views from your private balcony in this bright, spacious condo featuring an open layout, natural light, stainless steel appliances, and in-unit washer/dryer. Amenities include a pool, fitness center, and controlled access. Prime location minutes from Wynwood, Midtown, Design District, and Downtown Miami. An exceptional opportunity to live or invest in one of Miami’s most desirable neighborhoods. Live above it all. Enjoy the views. Experience Edgewater.

Interior & exterior features

Appliances

  • Dishwasher
  • Refrigerator
  • Washer

Cooling

  • Central Air

Heating

  • Central

Views

  • Bay

Waterfront

  • Bayfront

Parking

  • One Space
  • Garage Door Opener

Interior features

  • Bedroom On Main Level
  • First Floor Entry
  • Elevator

Exterior features

  • Balcony

Pool

  • Heated

Flooring

  • Laminate

construction

  • Brick

security

  • Elevator Secured
  • Key Card Entry
  • Phone Entry

association_amenities

  • Clubhouse
  • Elevators
  • Fitness Center
  • Pool

association_fee_includes

  • Common Areas

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

-$1,455

Cap rate
2.7%
Net yield
2.7%
Cash-on-cash return
-10.6%
Gross yield
8.1%
Mortgage payment
$2,797/mo
Down payment
$147,500
Loan amount
$442,500
Annual NOI
$16,099

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