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Spacious 1-bedroom, 1-bathroom unit at Montecarlo Condo. Located on the 4th floor with a balcony, the unit offers ample storage, a big walk-in closet, and a super spacious bedroom. Recently painted with new wood laminate floors. Nice modern kitchen with stainless steel appliances. Includes one assigned parking space and ample guest parking. This gated community features a pool, gym, clubhouse, 24-hour security with a guarded gate, and on-site laundry facilities. Centrally located, just minutes away from the beach and expressways Driving Directions:
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
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.
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.
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.
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