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Condo · Miami · Miami-Dade County

475 Brickell Ave #612, Miami

River-mouth complex beside Miami Circle park. Bay/water views advertised; a unit-specific river view is not established.

Recorded status: Public page reports for sale; recheck availability. Checked: .

Dated listing record · recheck availability and legal unit count.

Est. gross yield at asking
4.5%
Estimate · rent potential ÷ asking price
Asking price
$569,000

Rent potential · Estimate: $2,150/moBroader city benchmark; location, condition and rental rules need review.

Estimated annual NOI
-$8,750
Before debt and capital reserves
Estimated cap rate
-1.5%
Modeled NOI ÷ purchase price
Est. cash flow / mo
-$794
All cash · after reserves
Assumptions behind these estimates

Starting values for this brief. Change any of them in the interactive brief; your changes stay in your browser. Default values

InputValueBasis
Total scheduled rent per month$2,150City listing benchmark
Vacancy (%)5%Matches planning allowance
Management (% of collected rent)8%Matches planning allowance
Maintenance (% of total rent)5%Matches planning allowance
Buyer annual tax assumption (% of price)2%Matches planning allowance
Annual insurance$1,800Matches planning allowance
Annual owner-paid utilities$600Matches planning allowance
Monthly HOA or condo fees$1,303Matches source observation
Other annual operating expenses$600Matches planning allowance
Capital reserves (% of total rent)3%Matches planning allowance
Down payment (%)100%Matches planning allowance
Mortgage rate (%)7%Matches planning allowance

Unit mix & possession

One individual 1-bedroom condo; 798 interior SF.

Reported units
1
Reported listing area
798 sq ft
Asking / reported sq ft
$713
HOA / month
$1,303
Broker info & key considerations To confirm
  • The page conflicts on 2025 taxes: $6,738 in listing fields versus $7,020 in tax history. Tax is left unknown. Interior area is 798 SF; the remarks separately claim 947 developer-plan SF.
  • Public page reviewed November 6, 2026 from a cached web result; availability, asking price and HOA require current confirmation.
  • No private river frontage or deeded dock is established. Association budget, reserves, assessments, insurance and lender eligibility remain unverified.
Source evidence and diligence

Financial figures observed Nov 6, 2026. Reported income is not audited collections. Editable estimates, financing and saved assumptions are separate from these source facts.

Gross rental yield basis

Displayed whole-property scheduled rent × 12 divided by source asking price, not your saved offer. City listing benchmark: Screening policy using 3 distinct Miami city-wide listing observations of the same property type and offered unit count, exact total bedrooms and interior area within 25%. Rent is scaled by total interior area. The selected amount is the lowest scaled observation less a 25% policy allowance; the upper comparison range adds 25%. This range is not a statistical confidence interval or market appraisal. These dated listing rents do not establish the subject’s leases, collections, condition, permitted use or turnover cost. Full-occupancy potential before vacancy, operating costs, financing and income tax; not current collections, cap rate or cash return.

Sources

Questions to resolve

  • Confirm exact-unit availability, sale terms and HOA with the listing agent.
  • Obtain current association budget, reserves/SIRS, assessments, estoppel, insurance and lender review.
How siEarn separates facts, estimates and unknowns

Similar properties

Florida property research

Research scope includes Miami-Dade, Broward, the Florida Keys and Flagler County. Published observations vary by market.

[1] Gross yield excludes costs and financing. Source figures are unverified; estimates use editable assumptions. Check current listing availability. County records are separate from listings. Saves stay in this browser; export a backup before clearing site data. Sources & methods