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Waterfront · Condominium
$435,000$511 / sqft
1000 West Ave # 509, Miami Beach FL 33139
Listed
1
Bedrooms
1
Bathrooms
852 sqft
Interior
1968
Year built
$1,130 / mo
HOA
Condominium
Type
About this home
Stylish Miami Beach living at its best! This beautifully updated 1-bedroom condo at the desirable Matador 1000 offers the perfect combination of comfort, convenience, and resort-style amenities in an unbeatable location near Flamingo Park and South Pointe. Offered fully furnished, the unit features new flooring throughout, an updated bathroom with a new vanity and modern light fixtures, and a well-appointed kitchen with ample storage and stainless-steel appliances. The building offers an impressive array of amenities, including a resort-style pool, valet parking, 24-hour concierge, 5,000+ sq. ft. fitness studio and gym, convenience store, salon, and spa. Residents also enjoy a stunningly updated lobby with beautiful bay views. Step outside and enjoy everything Miami Beach has to offer, with Whole Foods, restaurants, shopping, parks, Flamingo Park, and South Pointe all within easy reach. 50-year recertification completed! A fantastic opportunity to own a turnkey Miami Beach residence in a prime location with exceptional amenities!
Features
- Elevator
- Utility Room/Laundry
- Open Balcony
- Other View
Leasing
- Minimum lease
- 120 days
- Leases permitted per year
- 2
- 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 1-bed rentals in Miami Beach, from 200 active listings; the middle half ask $2,350–$4,500.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.