Residential Income Property with
For Sale
$410,000
1250 South Miami Avenue, Miami, FL 33130
One-bedroom condominium with an open floor plan, pool and city outlooks, and access to extensive resident amenities.
Property Size860 SF
Days on Market239
Property Features for 1250 South Miami Avenue
General Information
Standard status
Active
Size
860 SF
Property subtype
MultiFamily Apartments
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Amenities
pool
fitness center
24-hour concierge
valet parking
Building Details
Building Size
860 SF
Listing Agency:
TIR Prime Properties
Listed By:
Mariano Saal · License #0705607
(305) 944-5900
Source:
Thebrokerlist
Added: Feb 18
Changed: Oct 9
Last Checked: Oct 14 at 7:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TIR Prime Properties
Investment Insights
Based on property information with market context.
This one-bedroom, one-bath condominium at Vue at Brickell features an open interior arrangement, abundant daylight, and a private balcony overlooking the pool and city. The kitchen includes contemporary cabinetry and substantial storage. Building amenities include a resort-style pool, fitness center, 24-hour concierge service, and valet parking.
The property is located at 1250 South Miami Avenue in Miami, near Brickell City Centre, Mary Brickell Village, restaurants, cafés, shops, and public transportation. Brickell Metrorail and Metromover connections provide access throughout the area, while Downtown Miami, Key Biscayne, and Miami Beach are within a short drive.
The property is located at 1250 South Miami Avenue in Miami, near Brickell City Centre, Mary Brickell Village, restaurants, cafés, shops, and public transportation. Brickell Metrorail and Metromover connections provide access throughout the area, while Downtown Miami, Key Biscayne, and Miami Beach are within a short drive.
Key Highlights
- One‑bedroom, one‑bath condominium at Vue at Brickell
- Private balcony with pool and city views
- Open layout with abundant natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,887
Cap Rate
3.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$317,740
$317.7K
Cap Rate 7%
$226,957
$227.0K
Cap Rate 9%
$176,522
$176.5K
Market Conditions
NOI Build-Up for 860 SF
Gross rent
$31.0K $36.00/SF
− Vacancy
−$2.1K −$2.41/SF
EGI
$28.9K $33.59/SF
− OpEx
−$13.0K −$15.11/SF
NOI
$15.9K $18.47/SF
Area
Miami, FL
Vacancy
6.70%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$317,740
Cap Rate 7%
$226,957
Cap Rate 9%
$176,522
Alternative Uses
Best Use
Apartment 5plus
$227.0K
$198.6K – $264.8K
NOI $15,887 @ 7.0% cap · market cap 3.87%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$580.5K
$507.9K – $677.3K
NOI $40,635 @ 7.0% cap · market cap 9.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
13,007
Businesses Nearby
Explore this area
Business Placement
Demographics for 33130, FL
35,609
Population
20,377
Households
1.7
Avg Household Size
36
Median Age
42%
College-Educated
81%
High-School Grad
1.1 sq mi
ZIP Area
32,372
Density / Sq Mi
$57,933
Median Household Income
$36,888
Median Earnings
$1,656
Median Rent
$479,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - One-bedroom condominium with an open floor plan, pool and city outlooks, and access to extensive resident amenities.
Where is this residential income property located?
The property is located at 1250 South Miami Avenue Miami, FL.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: One‑bedroom, one‑bath condominium at Vue at Brickell; Private balcony with pool and city views; Open layout with abundant natural light
