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Condominium at 11111 Biscayne Blvd, Miami FL 33181Active
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Condominium
$550,000$118 / sqft

11111 Biscayne Blvd, Miami FL 33181

2
Bedrooms
4
Bathrooms
4,650 sqft
Interior
1972
Year built
$5,400 / mo
HOA
Condominium
Type

About this home

Enjoy breathtaking, unobstructed panoramic views of Biscayne Bay from every room in this extraordinary custom-designed penthouse, created by combining three original penthouse residences into one magnificent estate. A grand entrance opens to an impressive foyer, beautifully finished with elegant custom woodwork and soaring ceilings. Throughout the residence, exquisite crown moldings and high-end architectural details create an atmosphere of timeless elegance. The gourmet kitchen, custom wood cabinetry, and generous workspace, making it ideal for both everyday living and entertaining. Additional features include an in-unit laundry room, a private wine cellar, and parking for up to six vehicles. Wake up each morning to spectacular sunrises over Biscayne Bay and enjoy endless opportunities to personalize this one-of-a-kind residence to match your own vision and style. Exceptional investment opportunity: The property consists of three separate folio numbers, offering the flexibility to divide the residence back into three individual units for resale or investment purposes. Originally configured as three separate residences, each unit featured 2 bedrooms and 2 bathrooms.

Features

  • First Floor Entry
  • Courtyard
  • Open Balcony
  • Club Area View
  • Garden View
  • Pool Area View
  • Tennis Court View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$8,181

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$2,781
HOA
$5,400 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Interbloom Business Brokerage, Inc.

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.