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About this home
Great opportunity to create and customize your dream South Beach residence, just one block from the Ocean and world-famous Lincoln Road. This bright and spacious 9th-floor 1-bedroom / 1-bathroom apartment features a balcony with stunning unobstructed views of South Beach and the Atlantic Ocean, an excellent floor plan, and a bathroom with a rare window for natural light and ventilation. The unit is offered in original condition, providing the perfect canvas for a personalized renovation. The building is in the final phase of a comprehensive renovation program that began in 2022. The current owner has already contributed nearly $100K in special assessments, including the installation of new hurricane-impact windows, allowing the future owner to benefit from these significant upgrades without the associated costs. In addition, both apartment entry doors are scheduled to be replaced with new hurricane-rated doors approved by both the building and the City of Miami Beach, further enhancing safety, security, and long-term value. The property also includes a covered assigned parking space, guest parking, a fitness room, and a community/social room located on the penthouse level. With very low maintenance fees, an unbeatable location, and major building improvements already completed or underway, this is an exceptional opportunity for a primary residence, vacation home, or investment property in the heart of South Beach. Don't miss this opportunity!!!
Features
- Lobby
- Other
- Other View
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
- $1,466
- HOA
- $435 / 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.
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.