ActiveAbout this home
This 12-story high-rise building offers 50 condominium units. The location provides easy access to the Atlantic Ocean and boasts views of the ocean, skyline, and gardens. It sits in a vibrant area with lots to explore. The building was completed in 1970 and features units ranging from 655 to 950 square feet. The layout includes 1 and 2-bedroom options, catering to a variety of living needs. Current unit prices range from $400,000 to $427,500, making it an appealing choice for potential buyers. Assigned parking spaces are available for residents. Amenities enhance daily living with facilities like a clubhouse, community room, and laundry services. A bike and jog path offers outdoor activity options, while quick access to elevators makes moving within the building seamless. Many units come with two large balconies, adding extra space for relaxation. Nearby, a selection of restaurants like CHI Seafood LLC and Moreno's Cuba provide dining options. La Playa Market 2 serves as a convenient spot for grocery shopping. South Beach invites residents to enjoy its lively atmosphere along with cultural attractions like the New World Symphony and the Faena District. The building is currently completing a 40/50-year certification, ensuring it remains safe and well-maintained. Plans for a new gym add to its appeal, and hurricane-proof windows offer peace of mind in stormy weather.
Features
- Elevator
- Fire Sprinklers
- Open Balcony
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $1,704
- HOA
- $474 / 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.
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Request a private or video tour with a local agent.
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.
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.