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Waterfront · Condominium
$1,950,000$1,047 / sqft
6101 Aqua Ave # 703, Miami Beach FL 33141
Listed
3
Bedrooms
4
Bathrooms
1,862 sqft
Interior
2004
Year built
$3,749 / mo
HOA
Condominium
Type
About this home
Aqua at Allison Island is one of Miami Beach’s premier gated waterfront communities, offering a rare combination of privacy, exclusivity and effortless access to the city’s most coveted destinations. Centrally located between Miami Beach, Bal Harbour and the Design District, Aqua is a private island retreat spanning seven lushly landscaped acres with tropical gardens, waterfront walking paths, two resort-style pools, spa, fitness center, children’s play areas and a private marina. This coveted three-bedroom residence in the Gorlin Building’s desirable 03 line offers 1,862 SF of beautifully designed living space with 10-foot ceilings, impact glass and an east-facing terrace overlooking the Intracoastal and marina. Tastefully updated and move-in ready, the residence features a Bulthaup kitchen with Sub-Zero and Thermador appliances, quartz countertops, large-format Italian porcelain floors, recessed lighting, linear diffusers, and motorized solar shades and blackout curtains. Enjoy spectacular waterfront living with passing yachts, wide-water views and the occasional dolphins and manatees from your own backyard. Aqua offers 24-hour gated security, valet, concierge, on-site management and the Aqua Café. Just across the street, enjoy the beach and Miami Beachwalk, with Bal Harbour, Sunset Harbour and the Design District only minutes away. A true private-island lifestyle in the heart of Miami.
Features
- First Floor Entry
- Built-in Features
- Other
- Volume Ceilings
- Family Room
- Barbeque
- Open Balcony
- Tennis Court(s)
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 3-bed rentals in Miami Beach, from 103 active listings; the middle half ask $9,000–$38,000.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.