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Waterfront · Condominium
$4,198,900$1,193 / sqft
725 NE 24th St # 2801, Miami FL 33137
Listed
4
Bedrooms
6
Bathrooms
3,520 sqft
Interior
2022
Year built
$3,800 / mo
HOA
Condominium
Type
About this home
A trophy-caliber 3,442 SF 4BD + office + staff room, 5.5BA corner residence crafted for scale, privacy, and effortless entertaining. Arrive via private elevator into your private foyer, with staff quarters featuring a separate entry for true discretion. Glass-wrapped living and dining spaces flow to a deep terrace for seamless indoor-outdoor living, framed by picturesque, unobstructed direct ocean water views over Biscayne Bay and Miami skyline water views. Incentives include side-by-side parking spaces, one year of HOA fees paid by the developer, and flexible closing. Elevate daily life with 2 acres of exclusive world-class amenities: 3 pools, sauna, steam and massage rooms, game room, state-of-the-art fitness center, children's room, conference center, putting green, tennis/basketball/pickleball courts. Perfectly positioned in the most coveted location of Edgewater’s cultural crossroads - walk the waterfront to the opera, ballet, theater, museums, concerts, parks, games and more. Minutes from: Wynwood (2), Midtown (3), Design District (4), Downtown & Brickell (5), Miami Beach (6). Walk to Whole Foods or 2 min to Trader Joe’s.
Features
- Elevator
- Fire Sprinklers
- Entrance Foyer
- Walk-In Closet(s)
- Den/Library/Office
- Maid/In-Law Quarters
- Bay
- Intracoastal View
- Direct Ocean
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 4-bed rentals across Miami-Dade, from 119 active listings; the middle half ask $15,900–$36,500.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.