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Condominium
$640,000$583 / sqft
999 SW 1st Ave # 1611, Miami FL 33130
Listed
2
Bedrooms
2
Bathrooms
1,097 sqft
Interior
2015
Year built
$1,225 / mo
HOA
Condominium
Type
About this home
Freshly painted, turnkey, and already generating income, this fully furnished 2-bedroom, 2-bath residence in the heart of Brickell is an exceptional investment opportunity, allowing 30-day minimum rentals and currently leased at $4,000/month through June, plus an additional $175/month from its separately rented parking space for immediate cash flow; highly sought after by short- to mid-term The unit offers stunning city skyline and pool views, resort-style amenities, wood-grain tile flooring throughout including the balcony, sleek Italian cabinetry with quartz countertops, window shades, and brand-new custom closets in both bedrooms, along with 1 assigned covered parking space that can also be rented for approximately $175–$200/month if not in use, all just steps from MetroRail, Publix downstairs, Brickell City Centre, and top dining and shopping, making it the perfect blend of lifestyle, location, and strong investment potential.
Features
- Lobby
- First Floor Entry
- Closet Cabinetry
- Fire Sprinklers
- Other
- Pantry
- Split Bedroom
- Walk-In Closet(s)
- Open Balcony
- Pool Area View
- Skyline
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals in Brickell, from 200 active listings; the middle half ask $4,000–$6,200.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.