257 NW 39th St 257, Miami, FL 33127 — MLS photo

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257 NW 39th St 257, Miami, FL 33127

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.