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$114,000
● Condo - Off Market

#403

Miami, FL
bedrooms
1 Bed
bathrooms
1 Bath
square feet
601 Ft²
$251,091
RealtyHop Estimate
120.26%
Since May 1, 2012
National-US
Primary Model

About This Property

Unique apartment to own! The perfecr investment property located 2 blocks from Miracle Mile and 5 min away to Brickell, across from shopping and restaurants. Units ready to collect income.Will not last! Buyer has the right to inspect property once contrac t and deposit has been submitted. Model Unit is available to show with notice.
Unit Size
601 Ft²
Days on Market
-
Land Size
-
Price per sqft
$190
Property Type
Condo
Property Taxes
$151
HOA Dues
$299
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #F1170527)

Price History

Date / Event Date Event Price
Apr 18, 2012 Sold
Premium
Sold
Jan 6, 2012 Listed by One World Properties $114,000
Listed by One World Properties

Property Highlights

Parking Details
Parking Features: 1 Space
Interior Details
Full Bathrooms: 1
Interior Features: Other Interior Features
Appliances: Dishwasher
Flooring Type: Other Floors
Exterior Details
Listing Terms: Conventional, Cash Only
Construction Type: Cbs Construction
Exterior Features: Other
Financial Details
Total Taxes: $1,811
Tax Year: 2011
Possession Information: Funding
Utilities Details
Heating Type: Central Heat
Cooling Type: Central Cooling
Location Details
Subdivision Complex Building: Emerald Plaza
HOA Details
HOA Fee: $299 Monthly

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

Similar Homes for Sale

Currently no similar homes around
BEACHES

Listed by: Peggy Fucci
One World Properties
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F1170527
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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