Condo Review: Mira Flats Condominium in Downtown Bellevue
Mira Flats is one of the most affordable condominiums in Downtown Bellevue with no rental cap which gives it a lot of flexibility to generate income through short term rentals. However, it lacks the luxurious amenities and quality of other high rises in downtown. Rumored to originally be built as an apartment and later converted to a condominium, it lacks central cooling units, convenient elevators and build quality. The strengths of these units are their affordability and income generating potential.
If you are interested in touring a unit at this condo please reach out to me directly and we can schedule a quick call to discuss your downtown condo needs.
Address: 10900 NE 8th St, Bellevue, WA 98004
The Stats:
Units: 162 units
Towers: 1 tower with 7 stories
Built: 2018
Unit Types: Studios, one, and two-bedroom units
Size Range: Approximately 400 – 1,200 square feet
Parking: All units have 1 or 2 parking spaces
Storage: Available for all units
Recent Sales: 12 units have sold in the last 6 months ranging in price from $480,000 to $1,200,000
HOA Dues Include: Sewer, garbage, water, gas, earthquake insurance, amenities, master insurance policy
Amenities: Resident lounge, rooftop terrace with BBQ, fitness center, pet area, secured entry, guest suites, bike storage, concierge service
The Pros:
No rental cap, can be used for Airbnb and short term rentals.
Location: Centrally located in Downtown Bellevue, within walking distance to Bellevue Square, restaurants, cafes, and parks
Amenities: A variety of modern amenities for residents to enjoy
Newer Construction: Built in 2018, offering modern interiors and design
Views: Many units have views of the Bellevue skyline and surrounding areas
Parking: Secured garage parking with spaces for every unit
Pet-Friendly: Facilities and policies accommodating to pet owners
Transit Accessibility: Close proximity to public transit options
The Cons:
Wonky floor plan with a lot of floor layout allocated to hallways and bathroom space.
2 elevators in the entire building.
Some units do not come with air conditioner units, but they can be installed for additional fee.
Building does not have a rental cap so can feel more like a hotel or apartment then a condominium community.
Take A Look Inside:
The Amenities:
Recently Listed & Sold Condos by Sway Homes
