FOR_SALEExcellent Deal5 days on market

1 Century Ln APT 202

1 Century Ln APT 202, Miami Beach, FL 33139, Miami Beach, FL 33139
$675,000

Listing Price

Property image 1
1 Century Ln APT 202, Miami Beach, FL 33139
Loc: Miami Beach, FL
Days Listed
5
Tax Assessed
$486k
Type
condo

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

10

North Beach Elementary School

PK-5
1.9 mi away
5

Nautilus Middle School

6-8
1.9 mi away
5

Miami Beach Senior High School

9-12
1.2 mi away
Haven Underwritten Market·Moderate (1.10 - 1.24x)

Miami, FL Investment Analysis (2026)

Cap Rate Range: 5.4% - 6.6% · Median Rent: $3,400/mo · Effective Tax: 0.91%

Open Miami Market Underwrite

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
7.60%
Total ROI
27.7%
Cash Flow
$861/mo
DSCR
1.25
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-06-17Price change$675,000$527
2026-03-14Price change$695,000$543
2025-08-18Listed for sale$733,450$573
2021-10-12Sold$615,000$480
2021-09-27Pending sale$680,000$531
2021-09-27Contingent$680,000$531
2021-07-10Listed for sale$680,000$531
2019-12-19Listing removed$4,250$3
2019-12-06Price change$4,250$3
2019-11-05Listed for rent$3,599$3
2016-09-04Listing removed$2,300$2
2016-08-19Listing removed$539,000$421
2016-04-27Sold$515,000$402
2016-03-04Pending sale$539,000$421
2016-02-17Price change$539,000$421
2015-12-21Price change$559,000$437
2015-11-12Price change$599,000$468
2015-10-15Listed for sale$625,000$488
2012-03-29Listing removed$2,700$2
2011-10-18Listed for rent$2,700$2
2009-11-18Sold$350,000$273
2002-03-21Sold$257,500$201
2001-07-23Sold$216,000$169
1999-03-29Sold$185,000$145

Tax History

YearProperty TaxTax Assessment
2025$9,117.19$485,989
2024$10,518.97$545,832
2023$9,376.76$496,211
2022$9,323.46$496,211
2021$6,044.64$353,987
2020$5,968.68$349,100
2019$7,293.76$417,162
2018$6,926.27$409,384
2017$6,926.27$400,964
2016$6,858.26$318,665
2015$6,441.17$289,696
2014$5,350.75$263,360
2013$4,567.45$263,360
2012$4,567.45$263,360
2011$4,616.51$263,360
2010$4,914.32$263,360
2009$6,019.46$292,620
2007$7,871.32$390,160
2006$6,578.77$0
2005$6,578.77$0
2004$6,095.12$0
2003$5,062.3$0
2002$3,649.4$0
2001$3,649.4$0
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
2
Sq Ft
1,280
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $675,000Rent Basis: Modeled Estimate ($5,400/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $338/mo
Haven ScoreRisky
2/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
6.09%

NOI: $41,077/yr

Cash-on-Cash Yield
-0.6%

On $155,250 invested

DSCR Ratio
0.98x

Negative debt coverage

5-Yr Leveraged ROI
+91.1%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$397/mo
Homeowner / Hazard Insurance-$338/mo
Vacancy Reserve (5% of rent)-$270/mo
Repairs & Maintenance (10% of rent)-$540/mo
Property Management (8% of rent)-$432/mo
Total Pure Operating Expenses-$1,977/mo
Net Investor Cash Flow
Gross Scheduled Rent+$5,400/mo
Less: Operating Expenses-$1,977/mo
Net Operating Income (NOI)+$3,423/mo
Less: Debt Service (30yr @ 6.75%)-$3,502/mo
Net Cash Flow
$-79/mo
$-952/year
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1 Century Ln APT 202 | Miami Beach, FL | Haven AI Analysis | Haven by ScoutHavens