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Waterfront · Condominium
$1,475,000$1,416 / sqft
400 S Pointe Dr # 906, Miami Beach FL 33139
Listed
2
Bedrooms
2
Bathrooms
1,042 sqft
Interior
1987
Year built
$2,011 / mo
HOA
Condominium
Type
About this home
Completely remodeled 1 Bedroom+Den 2 Baths residence with sweeping ocean vistas in the renowned South of Fifth neighborhood. This stunning beach home features an elegant design & open floor plan flooding the residence with natural light & beautiful ocean views from every angle throughout. The oceanfront residence offers a sleek open kitchen with a huge countertop and stainless steel appliances, & perfectly outfitted with wood & glass cabinetry. Wake up to the ocean in the well-appointed master bedroom suite, with a modern ensuite bathroom with a walk-in shower and a large walk-in closet. The Den is equipped with a murphy bed with custom wall panels, lots of cabinets, and storage. A world-class 5-Star resort with pool, fitness center, tennis, security, valet, concierge, parks & restaurants.
Features
- First Floor Entry
- East Of Us1
- Other
- Bay
- Ocean View
- Direct Ocean
- Other View
- Skyline
- Water View
Leasing
- Minimum lease
- 360 days
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 in Miami Beach, from 200 active listings; the middle half ask $3,595–$10,000.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.