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JUST REDUCED, LOW HOA & A DEEDED PREMIUM PARKING SPACE! Spectacular opportunity in Miami's most luxurious island! Oversized 1 bed & 1 bath apartment (850sf), only unit available with a deeded covered parking space in the garage, right at the entrance besides the elevator, and a large balcony facing the street, in a beautifully maintained building in great standing with the city, with pool and garden views, just across the street from the bay, in the heart of Bay Harbor Islands, and at just a walk from 96th street, the world's most exclusive Bal Harbour Shops Mall, the beach and all of the restaurant and shopping experiences you can ask for, in one of the most secure environment in the nation! Building is in great standing with the city, with very low HOA of $898 a month ($1 per square feet when most buildings around pay $1.6 to $2 per sf), and absolutely NO SPECIAL ASSESSMENTS. Call me to see it today!
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
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 1-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,000–$3,500.That is what landlords ask, not what units let for — edit it if you know better.
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.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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