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$230,000
● Condo - Off Market

#401

Miami, FL
bedrooms
1 Bed
bathrooms
1 Bath
square feet
847 Ft²
$542,949
RealtyHop Estimate
124.36%
Since Apr 1, 2012
National-US
Primary Model

About This Property

Parking space in the same floor as apartment. Corner unit. Close to American Airlines Arena, Bay Side and People Mover Train. Excellent location.View to Brickell Ave
Unit Size
847 Ft²
Days on Market
-
Land Size
-
Price per sqft
$286
Property Type
Condo
Property Taxes
$292
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Beaches MLS #H894772)

Price History

Date / Event Date Event Price
Mar 23, 2012 Sold
Premium
Sold
Jan 18, 2012 Listed by Coldwell Banker Residential RE $242,000
Listed by Coldwell Banker Residential RE

Property Highlights

Elevator
Parking Details
Parking Features: 1 Space
Garage: 1 Spaces
Interior Details
Full Bathrooms: 1
Interior Features: Elevator
Appliances: Dishwasher, Microwave, Refrigerator, Electric Range, Dryer, Washer
Flooring Type: Carpeted Floors, Tile Floors
Exterior Details
Listing Terms: Conventional, Cash Only
Construction Type: Concrete Block Construction
Exterior Features: Other
Financial Details
Total Taxes: $3,500
Tax Year: 2012
Possession Information: Negotiable
Utilities Details
Heating Type: Central Heat
Cooling Type: Central Cooling
Location Details
Location: VERY CLOSE TO ROUTE 95
Subdivision Complex Building: the plaza

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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BEACHES

Listed by: Delia Garcia
Coldwell Banker Residential RE
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# H894772
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
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