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2
Bedrooms
2
Bathrooms
954 sqft
Interior
2003
Year built
$1,099 / mo
HOA
Condominium
Type
About this home
An exceptional residence in the heart of Downtown Miami, this beautifully updated 2-bedroom, 2-bath condo at Neo Lofts offers modern comfort and resort-style living. The thoughtful layout features two separate en-suite bedrooms ideal for families or guests, an open-concept living area, contemporary finishes, stainless steel appliances, tiled baths, and an in-unit washer and dryer. A rare highlight is direct access from the private balcony to the amenity level, allowing seamless indoor-outdoor living without elevators. The pool, jacuzzi, gym, and social lounge are located on the same floor, creating a true resort-at-home experience with city and water views. Built in 2004, Neo Lofts is a well-managed, reserved building offering 24-hour concierge, valet, spa/sauna, tennis courts, dog park, business center, and a brand-new state-of-the-art infinity-edge pool. Unit includes one assigned parking space and a private storage unit, with additional parking available for sale or rent. Perfectly positioned near Brickell, Wynwood, Coral Gables, Coconut Grove, and direct access to I-95. Seller to pay all current special assessments in full at closing and offer a $2,500 credit to buyer at closing.
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Split Bedroom
- Storage
- Barbeque
- Open Balcony
- Tennis Court(s)
- Bay
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–$4,850.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.