Beautiful studio in the heart of Edgewater, one of Miami’s most desirable neighborhoods! Walking distance to parks, high-end restaurants, shops, and everything you need. Perfect for a first-time homebuyer looking to enjoy city living or an investor seeking passive income. Peaceful area with a park right across the street and the bay just steps away. Owner is currently generating passive income. Live where others vacation — this location is unbeatable! Don’t miss out on this amazing opportunity to own in the city.
HOA monthly fee is temporary until December 2025, then returning to $448
Amenities
Other
Exterior Features
Balcony
Property Tax Information
Tax Amount: $4,373
Tax Year: 2024
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Principal & Interest
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Property Taxes
This tax is a percentage of a home’s assessed value and
varies by area. Homeowners pay this tax annually, semi-annually, or as part of a
monthly mortgage payment.
HOA Fees
Fees paid by homeowners within a shared complex to pay
for building repairs and operation costs. HOA fees are typically paid monthly or
quarterly.
Homeowners Insurance Homeowners insurance covers
losses and damages to your
home, property, personal belongings, and other assets in your home. The policy
also provides liability coverage against accidents in the home or on the
property. When applying for a mortgage, the applicant is usually required to
provide proof of insurance on the property before the financial institution will
approve the loan.
Private Mortgage Insurance (PMI) Borrowers with a down payment of less than 20% may be
required to purchase mortgage insurance. Mortgage insurance protects the
mortgage lender against loss if a borrower defaults on their loan. Typically,
mortgage insurance rates range from 0.2%–2% of the loan amount per year. Your
actual rate may vary.
0 Beds
1 Baths
