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Active
Waterfront · Condominium
$865,000$665 / sqft

2455 Flamingo Dr # 501, Miami Beach FL 33140

2
Bedrooms
2
Bathrooms
1,300 sqft
Interior
1976
Year built
$1,182 / mo
HOA
Condominium
Type

About this home

Originally the developer's own unit, this stunning corner residence on the 5th floor is unlike anything else in the building. Oversized windows wrap the space in natural light and frame sweeping ocean views that greet you the moment you walk in. Every finish was chosen with intention high-end materials, seamless craftsmanship, and a layout that lives as beautifully as it photographs. Two spacious bedrooms and spa-caliber bathrooms complete the picture. The building offers a pool, canal-front seating, an exercise room, and a meeting room. Private parking included. Major upgrades are already underway as part of the 40-year recertification. Steps from the ocean via a charming footbridge, and close to the Faena District, Lincoln Road, and Miami Beach's finest dining and culture. Per condo rules, no leasing during the first years of ownership, purchases must be made under a personal name only. A rare opportunity to own a one-of-a-kind unit on Flamingo Dr schedule your private showing today.

Features

  • First Floor Entry
  • Courtyard
  • Canal
  • Ocean View
  • Direct Ocean

Estimated loan & HOA

$5,556

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$4,374
HOA
$1,182 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Douglas Elliman

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.