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Waterfront · Condominium
$749,000$501 / sqft
1717 N Bayshore Dr # 1541, Miami FL 33132
Listed
2
Bedrooms
2
Bathrooms
1,496 sqft
Interior
1986
Year built
$1,100 / mo
HOA
Condominium
Type
About this home
Spacious and updated 2-bedroom + enclosed den/flex room, 2-bath residence offering 1,496 SF at The Grand in Edgewater. This bright and open unit features stylish herringbone flooring, updated bathrooms, an open living and dining area, in-unit washer and dryer, and a versatile enclosed den/flex room ideal for a home office, guest space or additional sleeping area. Enjoy an expansive private balcony with pool and Biscayne Bay views. The Grand offers resort-style amenities including a waterfront pool, fitness center, marina access, shops and dining. Ideally located near Downtown Miami, Brickell, Wynwood, the Design District and Miami Beach, with convenient access to the Metromover and the Adrienne Arsht Center for the Performing Arts.
Features
- Other
- Bay
Leasing
- Minimum lease
- 30 days
- Leases permitted per year
- 12
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$4,887
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 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,300–$5,500.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.