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Waterfront · Condominium
$850,000$836 / sqft
200 SE 15th Rd # 5D, Miami FL 33129
Listed
2
Bedrooms
2
Bathrooms
1,017 sqft
Interior
1974
Year built
$1,419 / mo
HOA
Condominium
Type
About this home
Investor’s Dream – Leased Through August 2026! Experience the ultimate Miami lifestyle with stunning bay breezes and panoramic water views from the wrap-around balcony of this spacious corner residence. Located in an exclusive boutique building on Biscayne Bay, this home offers tranquility while being just minutes from Brickell’s financial district, Brickell City Centre, world-class dining, and luxury shopping. Miami Beach and Key Biscayne’s pristine beaches are only a short drive away! This beautifully updated 2-bedroom, 2-bath unit features an in-unit washer/dryer, hurricane shutters, and one assigned parking space. Enjoy resort-style amenities including a fitness center, community room, tennis courts, pool, jacuzzi, and available boat slips. Perfect for investors seeking immediate rental income and long-term value in one of Miami’s most desirable locations!
Features
- Elevator
- Fire Sprinklers
- Barbeque
- Open Balcony
- Tennis Court(s)
- Bay
Leasing
- Minimum lease
- 90 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.
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 Brickell, from 200 active listings; the middle half ask $4,000–$6,200.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.