Active · Townhouse
$1,199,000
257 NW 39th St 257, Miami, FL 33127
- Beds
- 3
- Baths
- 3
- Living area
- 1,661 sq ft
- $ / sq ft
- $722/sq ft
- Year built
- 2022
- Lot size
- —
- HOA fee
- —
- Annual tax
- $19,946
About this property
Just two blocks from the world-renowned Miami Design District, this modern three-bedroom, two-and-a-half-bath townhome offers contemporary design and effortless living in one of Miami’s most dynamic neighborhoods. The designer kitchen features high-end appliances and opens to bright, spacious living areas ideal for both everyday comfort and entertaining. Warm flooring, sleek finishes & bathroom fixtures, as well as impact-resistant windows and doors add style, quality, and peace of mind throughout. Step outside to a private pool and inviting outdoor space—your own retreat in the heart of the city. Move-in ready and ideally suited as a primary residence, second home, or investment property, the residence places fashion houses, designer showrooms, acclaimed restaurants, art, culture, and nightlife moments from your door. Wynwood and Midtown are nearby, while Edgewater, Downtown Miami, Brickell, I-95, and Miami International Airport are all within easy reach. A rare opportunity to enjoy refined modern living and exceptional connectivity in a sought-after central Miami location. Very strong rental appeal for an eventual investor.
Interior & exterior features
Appliances
- Built In Oven
- Dryer
- Dishwasher
- Electric Range
- Electric Water Heater
- Microwave
- Refrigerator
- Washer
Cooling
- Central Air
Heating
- Central
Views
- Pool
Parking
- Covered
- Deeded
- On Street
- Two Or More Spaces
Interior features
- Bedroom On Main Level
- First Floor Entry
Exterior features
- Courtyard
- Security High Impact Doors
Flooring
- Hardwood
- Wood
construction
- Block
security
- Complex Fenced
association_amenities
- Pool
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
-$2,387
- Cap rate
- 3.3%
- Net yield
- 3.3%
- Cash-on-cash return
- -8.5%
- Gross yield
- 6.3%
- Mortgage payment
- $5,684/mo
- Down payment
- $299,750
- Loan amount
- $899,250
- Annual NOI
- $39,561
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.