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Listed
This spectacular contemporary tri-level waterfront home is located on the tip of guard-gated Hibiscus Island featuring a rooftop entertainment lounge & the best open bay & Miami skyline views on Miami Beach. The 5BR/6+1BA home boasts marble & hardwood floors, soaring ceilings, fine designer finishes, floor to-ceiling windows, sleek chef’s kitchen w/top-of-the line appliances, & expansive living/entertainment areas w/amazing water views. 2nd level principal suite w/private terrace facing the bay, & spa-inspired marble bathroom & large walk-in closet. 3rd level rooftop lounge made to relax & enjoy sunsets over the bay & Miami skyline. The outdoor spaces offer covered seating areas, summer kitchen, pool w/waterfall, cabana bath, large dock & Ocean access.
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 5-bed rentals in Miami Beach, from 13 active listings; the middle half ask $19,000–$55,000.That is what landlords ask, not what units let for — edit it if you know better.
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.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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