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Waterfront · Condominium
$5,995,000$3,087 / sqft
102 24th St # 1607, Miami Beach FL 33139
Listed
2
Bedrooms
3
Bathrooms
1,942 sqft
Interior
2015
Year built
$5,056 / mo
HOA
Condominium
Type
About this home
Enter a realm of refined luxury in this spectacular 2-bedroom, 2.5-bath penthouse at 1 Hotel & Homes South Beach. Beautifully appointed with a seamless blend of 1 Hotel and Artefacto furnishings, this residence delivers sophisticated design, comfort, and effortless oceanfront living. A versatile den with a plush sofa and TV provides an inviting additional space for relaxation or entertaining. Residents enjoy an extraordinary collection of amenities, including a 14,000-square-foot fitness center, serene spa, chauffeured house cars, private rooftop pool, multiple swimming pools, direct beach access, four restaurants, bars, and exceptional resort-style services. Offered fully furnished and turnkey, this penthouse places you at one of Miami Beach’s most prestigious addresses, moments from world-class dining, shopping, and nightlife. The property is professionally managed by Five Star Luxury Travel for luxury short-term rentals, offering owners the opportunity to generate rental income when not in residence. The penthouse setting provides an elevated level of privacy and exclusivity, making it ideal as a personal retreat, seasonal residence, or income-producing luxury property. A rare opportunity to enjoy the 1 Hotel lifestyle while combining exceptional ownership with attractive rental potential.
Features
- Built-in Features
- Closet Cabinetry
- Custom Mirrors
- Elevator
- Fire Sprinklers
- Pantry
- Walk-In Closet(s)
- Open Balcony
- Intracoastal View
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 Miami Beach, from 200 active listings; the middle half ask $3,500–$10,000.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.