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Waterfront · Townhouse
$1,500,000$1,032 / sqft
200 Biscayne Blvd Way # 508, Miami FL 33131
Listed
2
Bedrooms
3
Bathrooms
1,453 sqft
Interior
2008
Year built
$2,455 / mo
HOA
Townhouse
Type
About this home
Live Limitlessly in this spectacular two-story 2 bedroom, 2.5 Bathroom Plus Den residence overlooking the Miami River and the Brickell skyline. Soaring double-height ceilings flood the great room with natural light, anchored by a fully renovated kitchen with a waterfall-edge island, integrated appliances, and a built-in wine and spirits display. A sculptural glass staircase leads to a private loft-level den — ideal as a home office, media room, or extra guest space — overlooking the living area below. Step outside to a generous South facing terrace framed by palm trees, with front-row views of the river, the skyline, and the boats passing by. The primary suite offers a spa-like retreat with a private balcony and skyline views, while the second bedroom is equally suited for guests or a home office, both finished with brand-new flooring throughout. Whether you're entertaining at the kitchen's built-in bar, unwinding on the terrace at sunset, or walking across the street to Whole Foods for a quick grocery run, this residence delivers one of Miami's most coveted addresses!
Features
- First Floor Entry
- Built-in Features
- Entrance Foyer
- Volume Ceilings
- Walk-In Closet(s)
- Den/Library/Office
- Open Balcony
- Bay
- River
- Skyline
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 181 active listings; the middle half ask $2,400–$3,000.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.