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Waterfront · Condominium
$5,399,000$1,207 / sqft
3535 Hiawatha Ave # 502, Miami FL 33133
Listed
4
Bedrooms
6
Bathrooms
4,473 sqft
Interior
2011
Year built
$7,193 / mo
HOA
Condominium
Type
About this home
Private boutique waterfront building in the heart of Coconut Grove within the sought after Residences at Vizcaya, this unique residence offers stunning views of Biscayne Bay and is one of only 18 private units. Located on the 5th floor, this exceptional unit features 4 bedrooms and 5.5 bathrooms, with a private elevator opening to an elegant foyer that leads into a spacious open floor plan with high ceilings, ideal for both comfort and entertaining. The chef’s kitchen is equipped with premium Miele appliances and flows seamlessly into the living and dining areas. Interior finishes include marble flooring in the main living areas and wood floors in the bedrooms, along with a family room, laundry room, an expansive terrace with a built-in summer kitchen overlooking the water, and an additional balcony in the back with views of the lush park. The residence also offers four covered parking spaces and a storage unit. Building amenities include a fitness center, 24-hour concierge, private marina, community lap pool, and two spas, plus a small park just downstairs, ideal for pet lovers. Ideally located near top-rated schools, shopping, dining, and parks, and just minutes from Downtown Miami and Key Biscayne.
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Elevator
- Split Bedroom
- Family Room
- Utility/Laundry In Garage
- East Of Us1
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We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 4-bed rentals across Miami-Dade, from 121 active listings; the middle half ask $14,000–$34,000.That is what landlords ask, not what units let for — edit it if you know better.
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From the listing
Depends on assessed value & exemptions
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Repairs, turnover, management
Cap rate
Cash-on-cash
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Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.