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1
Bedrooms
1
Bathrooms
825 sqft
Interior
2008
Year built
$999 / mo
HOA
Condominium
Type
About this home
Rare opportunity to own on the 53rd floor of Opera House Tower, one of the highest units available in the building. This 1 bed / 1 bath penthouse-level residence offers spectacular bay and ocean views from a premier vantage point that sits above the immediate skyline. Flexible ownership: the building allows short-term rentals with a 30-day minimum, so you can enjoy the unit yourself and generate rental income when you're away. Perfect for a pied-à-terre, second home, or investment property with lifestyle upside. Building amenities include pool, fitness center, 24-hour concierge, and valet. Walking distance to Adrienne Arsht Center, Museum Park, and the vibrant Edgewater and Downtown Miami dining scene. Minutes to Brickell, Wynwood, Miami Beach, and Miami International Airport. Truly a one-of-a-kind opportunity to own at this altitude.
Features
- Lobby
- Walk-In Closet(s)
- Open Balcony
- Bay
- Ocean View
- Water View
Leasing
- Minimum lease
- 30 days
- Leases permitted per year
- 12
- Ok To Lease
- Okay To Lease 1st Year
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 1-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,000–$3,500.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.