For SaleNeutral Deal115 days on market

1228 West Ave APT 1404

1228 West Ave APT 1404, Miami Beach, FL 33139, Miami Beach, FL 33139
$299,000
Estimate®:$287,700

Listing Price

Property image 1
1228 West Ave APT 1404, Miami Beach, FL 33139
Loc: Miami Beach, FL
Days Listed
115
Tax Assessed
$301k
Estimate®
$288k
Market Rate
Rent Estimate
$2,645/mo
Est. Cash Flow base
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
1.3 mi away
5

Nautilus Middle School

6-8
2.3 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

modernhigh-risewaterfrontbalconypanoramic viewsluxury apartmenturban skylinecoastalbalustradeconcrete exteriormarine viewsmid-century modern inspirationcondominiummulti-story architecture

Haven AI Verdict

Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.58%
Total ROI
102.0%
Cash Flow
$89/mo
DSCR
1.06
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $89/mo net cash flow with a 6.6% cap rate. Underwriting indicates neutral fundamentals for long-term hold.

Strengths
  • • Favorable cap rate profile (6.6%)
  • • 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
2026-09-09Price change$299,000$399
2026-06-02Listed for sale$339,000$452

Tax History

YearProperty TaxTax Assessment
2025$5,652.5$301,305
2024$5,632.3$284,684
2023$4,985.1$258,804
2022$4,420.69$235,277
2021$4,732.02$245,080
2020$4,313.34$222,800
2019$4,729.96$242,962
2018$4,258.21$220,875
2017$4,258.21$200,796
2016$4,460.99$182,542
2015$3,690.28$165,948
2014$3,204.3$150,862
2013$2,552.2$137,148
2012$2,552.2$124,680
2011$2,716.57$131,240
2010$929.14$82,761
2009$829.05$80,586
2007$1,072.52$53,162
2006$1,190.63$0
2005$1,190.63$0
2004$1,160.06$0
2003$1,100.42$0
2002$1,047.75$0
2001$1,047.75$0
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
1
Baths
2
Sq Ft
750

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