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2
Bedrooms
2
Bathrooms
1,040 sqft
Interior
2007
Year built
$650 / mo
HOA
Condominium
Type
About this home
Beautifully maintained Unit 502 located in the heart of Miami at 1690 SW 27 Ave with 70 SF of wrap around balcony. This bright and spacious condo features an open layout with abundant natural light, a well-appointed kitchen, and comfortable living areas perfect for everyday living or entertaining. Enjoy a private large wrap-around balcony ideal for relaxing and taking in city views. The building offers secure access and convenient amenities, with low maintenance living in a centrally located community. Just minutes from Coral Gables, Coconut Grove, Brickell, and Downtown Miami, with easy access to major highways, dining, shopping, and entertainment. Perfect for end-users or investors alike. Don’t miss this opportunity to own in a prime location with strong rental potential and long-term value.
Features
- Fire Sprinklers
- Open Balcony
- Pool Area View
- Skyline
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- No Daily Rentals
- Okay To Lease 1st Year
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
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 $2,350–$5,750.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.