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Single Family Residence
$9,995,000$1,614 / sqft
1616 Onaway Dr, Miami FL 33133
Listed
8
Bedrooms
9
Bathrooms
6,194 sqft
Interior
2026
Year built
None
HOA
Single Family Residence
Type
About this home
Introducing THE MIAMI TREEHOUSE, a brand-new Tropical Modern ARCHITECTURAL MASTERPIECE in North Coconut Grove set on an oversized 11,550 SF lot. Designed by renowned architect Simon Bissu and developed by Luxom Developments, this 6,194 SF residence offers 8 beds and 8.5 baths with refined finishes including natural limestone, marble, & warm wood tones. Lush, intentional landscaping leads you past a majestic oak tree the home was designed around and into your foyer which flows to a dramatic great room with floor-to-ceiling telescopic doors overlooking the resort-style pool and greenery beyond. The chef’s kitchen features premium appliances, a walk-in pantry, and staff quarters. First floor offers 3 bedrooms with access to the expansive front yard, while upstairs features 5 ensuite bedrooms and a large family room with a treetop balcony. The serene primary suite includes telescopic doors overlooking your yard, a spacious walk-in closet, and a spa-like marble bath. A rare opportunity to own a truly one of a kind newly built estate in one of the Grove’s most coveted locations. Near top schools, Cocowalk, Brickell, Downtown Miami, and all that Miami has to offer!
Features
- Built-in Features
- Closet Cabinetry
- Volume Ceilings
- Walk-In Closet(s)
- Family Room
- Utility Room/Laundry
- Open Balcony
- Garden
- Pool
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 8-bed rentals across Miami-Dade, from 9 active listings; the middle half ask $35,000–$150,000.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.