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2
Bedrooms
1
Bathrooms
592 sqft
Interior
1949
Year built
$757 / mo
HOA
Condominium
Type
About this home
Conveniently located walking-distance to Miami’s famous beaches with access to shopping and restaurants nearby. This converted 2BR 1BA unit is on the ground floor, with two devoted parking spaces. The unit boasts a separate kitchen area with a cozy living room and ample bedroom closets. This is a pet-friendly condominium with a brand new roof and onsite laundry room nearby.
Features
- First Floor Entry
- None
- Other View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 2
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.
Estimated loan & HOA
$1,708
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $951
- HOA
- $757 / mo
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.
Run the numbers
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 2-bed rentals in Miami Beach, from 200 active listings; the middle half ask $3,595–$10,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
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.