Active · SingleFamilyResidence
$890,000
1460 Marseille Dr, Miami Beach, FL 33141
- Beds
- 3
- Baths
- 2
- Living area
- 2,005 sq ft
- $ / sq ft
- $444/sq ft
- Year built
- 1945
- Lot size
- 6,834 sq ft
- HOA fee
- —
- Annual tax
- $13,060
About this property
Back on the market! This is an approved short sale. LENDER WANTS $840k net to the. Property has several code enforcement violations. Buyer would have to do its own due diligence before getting into contract. Property is sold AS IS. It may have a termite problem, and it has been abandoned and or vandalized repeatedly. Subject to bank approval.
Interior & exterior features
Appliances
- Ice Maker
- Refrigerator
Cooling
- Central Air
- Ceiling Fans
Heating
- Central
Views
- None
Parking
- Circular Driveway
Interior features
- Bedroom On Main Level
- French Doors Atrium Doors
- Tub Shower
Exterior features
- Barbecue
- Fence
Pool
- None
Flooring
- Hardwood
- Marble
- Wood
roof
- Other
construction
- Brick
- Block
- Stucco
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
-$375
- Cap rate
- 5.2%
- Net yield
- 5.2%
- Cash-on-cash return
- -1.8%
- Gross yield
- 8.2%
- Mortgage payment
- $4,219/mo
- Down payment
- $222,500
- Loan amount
- $667,500
- Annual NOI
- $46,126
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.