EN

North Bay Village, FL 33141

Condominium · Active

$485

North Bay Village, FL 33141 — MLS photo

Miami Foreclosures & Bank-Owned Properties

North Bay Village, FL 33141

Bedrooms
2
Bathrooms
2
Interior
1,030 sq ft
Price / sq ft
$0/sq ft
Built
1987
Lot
—

The residence

Excellent investment opportunity at the prestigious Grandview Palace in North Bay Village! This spacious condo unit features an open layout with beautiful views and is currently tenant-occupied, providing immediate rental income from day one. Located in a full-amenity waterfront building offering a resort-style pool, fitness center, marina, and 24/7 security. Unbeatable location just minutes from the beach, Bal Harbour, and Midtown Miami. Tenant occupied.

Property location

Get Directions

North Bay Village, FL 33141

Loading property location…

Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,030 sq ft
Flooring
Ceramic Tile, Vinyl
Appliances
Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Breakfast Bar, Bedroom On Main Level, Breakfast Area, Bathtub, Closet Cabinetry, First Floor Entry, Handicap Access, Kitchen Island, Main Level Primary, Elevator

Exterior & Structure

Property type
Condominium
Year built
1987
Stories
25
Architectural style
High Rise
Construction
Aluminum Siding, Brick, Block
Exterior features
Balcony, Barbecue, Deck
Pool
Association
Waterfront
Bayfront, Intracoastal Access, Ocean Front
View
Bay, Intercoastal, Pool

Parking

Garage spaces
1
Covered spaces
1
Parking features
Covered, One Space, Garage Door Opener

HOA, Community & Financials

Association fee
$854 Monthly
Fee inclusions
Common Areas, Hvac, Laundry, Maintenance Grounds, Parking, Pools, Reserve Fund, Sewer, Security, Trash
Amenities
Boat Dock, Marina, Bike Storage, Elevators, Laundry, Barbecue, Picnic Area, Pool
Security
Elevator Secured, Secured Garage Parking, Key Card Entry, Safe Room Interior, Smoke Detectors
Pets allowed
No
Annual tax
$6,843
Subdivision
THE GRANDVIEW PALACE COND
County
Miami-Dade
Days on market
23
MLS listing ID
A12107384
Listing status
Active

Virtual tour

Explore 3D / Virtual Tour

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

$143

Cap rate
359.4%
Net yield
359.4%
Cash-on-cash return
1263.2%
Gross yield
4589.7%
Mortgage payment
$2/mo
Down payment
$121
Loan amount
$364
Annual NOI
$1,743

Estimates only — includes 5 % maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.

Get More Info About This Property

North Bay Village, FL 33141

Inquire via WhatsApp