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Waterfront · Condominium
$349,500$236 / sqft
9686 Fontainebleau Blvd # 106, Miami FL 33172
Listed
3
Bedrooms
2
Bathrooms
1,478 sqft
Interior
1981
Year built
$508 / mo
HOA
Condominium
Type
About this home
Excellent investment opportunity in the desirable Fontainebleau area! Spacious and well maintained 3bedroom, 2bath residence featuring beautiful lake views, convenient first floor access, and two parking spaces. Currently tenant occupied with a lease in place through April 2027, providing immediate rental income for the new owner. The building has completed its 40 year certification. Ideally located near major highways, Miami International Airport, shopping, dining, and everyday conveniences, with easy access to Doral, Downtown Miami, and surrounding areas. A great opportunity to own an income producing property in a well established Miami community.
Features
- Lobby
- First Floor Entry
- Walk-In Closet(s)
- Open Balcony
- Garden View
- Lake
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- Ok To Lease
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 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,900–$12,000.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.