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Condominium at 253 NE 2nd St # 632, Miami FL 33132Active
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Condominium
$480,000$491 / sqft

253 NE 2nd St # 632, Miami FL 33132

1
Bedrooms
2
Bathrooms
978 sqft
Interior
2008
Year built
$850 / mo
HOA
Condominium
Type

About this home

Beautiful updated 2-story loft 1/1.5 in the center of downtown area. Stunning views directly on Bayfront park and city skylights! Luxury building with 5-star amenities, outside pool, gym and spa in the building. Everything is walkable distance from that location: restaurants, bars, office buildings! Washer and dryer in the unit. Tenant occupied, can be shown with a notice. Owner motivated, price is negotiable!

Features

  • Cooking Island
  • Elevator
  • Open Balcony
  • Skyline

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$3,277

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$2,427
HOA
$850 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Broker One

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.