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Condominium
$912,000
7140 Abbott Ave # 712, Miami Beach FL 33141
Listed
1
Bedrooms
2
Bathrooms
— sqft
Interior
2029
Year built
None
HOA
Condominium
Type
About this home
Elevate your investment portfolio or embrace the ultimate coastal lifestyle at NoBe PARC Miami Beach, a luxury condominium nestled in the highly desirable North Shore neighborhood of Miami Beach. Residence #712 offers a spacious 1 bedroom + plus den / 2 full-bathrooms, showcasing panoramic city views and sweeping northern horizons. Soaring 9-foot floor-to-ceiling windows fill the thoughtfully designed, open-concept living spaces with abundant natural light, creating an inviting atmosphere of modern elegance. Approved for short-term rentals (STR), this residence offers exceptional flexibility and attractive income-generating potential, making it ideal as a primary residence, vacation retreat, or investment opportunity. Just steps from pristine beaches, lush parks, acclaimed dining, and the vibrant Miami Beach lifestyle, NoBe PARC seamlessly blends sophisticated coastal living with investment versatility.
Features
- Other
- Den/Library/Office
- None
- Open Balcony
- Other View
Leasing
- Minimum lease
- 1 day
- Leases permitted per year
- 365
- Daily Rentals Allowed
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 $2,300–$3,800.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.