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1
Bedrooms
1
Bathrooms
728 sqft
Interior
1974
Year built
$699 / mo
HOA
Condominium
Type
About this home
Nestled in the heart of Edgewater, steps from dining and entertainment, this 1-bedroom, 1-bathroom penthouse condo, Unit PHD, spans 728 sqft and is ideal for professionals. The sleek kitchen features stainless steel appliances, perfect for cooking and entertaining. The spacious bedroom offers ample closet space, complemented by an updated bathroom. Relax on your private balcony with stunning bay views, ideal for morning coffee or evening unwinding. Modern tile floors add contemporary flair throughout. Gated parking ensures security. Miami’s best—walk to trendy restaurants and shops or bike to Wynwood, Brickell, or Downtown. The Adrienne Arsht Center is just 1 mile away, and South Beach is a short drive. Miami International Airport, only 10.5 miles away
Features
- No Interior Features
- Other
- Exterior Cat Walk
- Open Balcony
- Bay
- Other View
- Water View
Leasing
- Minimum lease
- 1 day
- Leases permitted per year
- 1
- No Lease First 2 years
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.
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 1-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,000–$3,700.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.