For SaleRisky Deal22 days on market

1000 West Ave APT 509

1000 West Ave APT 509, Miami Beach, FL 33139, Miami Beach, FL 33139
$435,000

Listing Price

Property image 1
1000 West Ave APT 509, Miami Beach, FL 33139
Loc: Miami Beach, FL
Days Listed
22
Tax Assessed
$325k
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.

5

Fienberg/Fisher K-8 Center

PK-8
0.7 mi away
5

Miami Beach Senior High School

9-12
1.4 mi away
5

Nautilus Middle School

6-8
2.4 mi away
Haven Underwritten Market·Moderate DSCR (0.60x)

Miami, FL Investment Analysis (2026)

Cap Rate: 3.71% · Median Rent: $3,400/mo · Effective Tax: 0.91%

Open Miami Market Underwrite

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

modernminimalistcondominiumopen-conceptfloor-to-ceiling windowsbalconyneutral palettecontemporarybrightairyurban livinghigh-risewood furnitureclean lines

Haven AI Verdict

Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.06%
Total ROI
90.5%
Cash Flow
$-61/mo
DSCR
0.97
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-61/mo net cash flow with a 6.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • Favorable cap rate profile (6.1%)
  • Strong rental demand in Miami Beach
Considerations
  • Verify historical operating expenses and local tax assessment
  • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-21Price change$3,600$4
2026-09-20Price change$4,201$5
2026-09-18Price change$4,200$5
2026-09-17Price change$4,201$5
2026-09-15Price change$4,200$5
2026-09-01Listed for sale$435,000$511
2026-08-06Price change$3,600$4
2026-08-01Price change$4,200$5
2026-07-30Price change$4,201$5
2026-07-25Price change$4,200$5
2026-07-24Price change$4,201$5
2026-07-23Price change$4,200$5
2026-07-22Price change$4,201$5
2026-07-17Price change$4,200$5
2026-07-15Price change$4,201$5
2026-07-11Price change$4,200$5
2026-06-10Listed for rent$4,000$5
2026-06-09Listing removed$4,200$5
2026-04-20Listed for rent$4,200$5
2026-04-20Listing removed$4,000$5
2026-04-19Listed for rent$4,000$5
2025-12-31Listing removed$3,600$4
2025-12-02Price change$3,600$4
2025-11-13Listed for rent$3,750$4
2025-09-06Listing removed$3,500$4
2011-03-21Sold$150,000$176
2005-10-04Sold$325,000$381
2005-03-14Sold$204,200$240

Tax History

YearProperty TaxTax Assessment
2025$5,597.87$283,609
2024$5,249.03$257,827
2023$4,996.25$234,389
2022$4,156.8$213,081
2021$3,888.28$193,710
2020$3,409.23$176,100
2019$3,681.91$190,000
2018$3,570.77$189,891
2017$3,570.77$180,849
2016$3,443.91$188,267
2015$3,604.18$171,152
2014$3,364.33$155,593
2013$2,632.25$141,449
2012$2,632.25$128,590
2011$2,507.29$120,285
2010$2,412.98$109,350
2009$2,959.74$143,880
2007$4,465.64$221,350
2006$3,865.11$0
2005$3,865.11$0
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
1
Baths
1
Sq Ft
852

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