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Waterfront · Single Family Residence
$6,950,000$1,897 / sqft
1215 N Biscayne Point Rd, Miami Beach FL 33141
Listed
4
Bedrooms
4
Bathrooms
3,664 sqft
Interior
1951
Year built
None
HOA
Single Family Residence
Type
About this home
Welcome to Biscayne Point, one of Miami Beach’s most exclusive gated communities! This rare waterfront property offers 75 ft of open bay frontage with stunning views and direct ocean access—perfect for boating and sunsets. Move-in ready with an oversized, grandfathered pool and spacious outdoor living area, it’s ideal for entertaining or relaxing in privacy. Endless potential: add a second story or build a new luxury estate on this exceptional lot. Just minutes from Bal Harbour, world-class dining, and pristine beaches, this home combines lifestyle, location, and investment in one of Miami Beach’s most desirable neighborhoods.
Features
- First Floor Entry
- Split Bedroom
- Garage Converted
- Lighting
- Bay
- Intracoastal View
- Direct Ocean
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
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 4-bed rentals in Miami Beach, from 34 active listings; the middle half ask $13,990–$30,000.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.