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Listed
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!!!
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.
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 $2,300–$3,900.That is what landlords ask, not what units let for — edit it if you know better.
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.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. 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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