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Condominium
$3,059,000$1,289 / sqft
3501 NE 1st Ave # 2004, Miami FL 33137
Listed
3
Bedrooms
4
Bathrooms
2,373 sqft
Interior
2029
Year built
$4,698 / mo
HOA
Condominium
Type
About this home
This exceptional corner 3-bedroom, 3.5-bath residence features a spectacular wraparound terrace with an impressive 9'6" depth, offering views of Biscayne Bay. Interiors boast soaring 10-foot ceilings, private elevator access, and a Jean-Georges-designed kitchen appointed with a full suite of Gaggenau appliances, including gas cooking and a dedicated wine refrigerator. Thoughtfully curated by Yabu Pushelberg, the interiors showcase an elegant palette of premium stone and wood finishes. A collaboration between Multi Michelin-starred über-chef Jean-Georges Vongerichten and Terra Group and Lion Development, Miami Tropic will be a 49-story luxury condominium with 338 residences with 1-4 bedroom floor plans, immersed with foliage and inspired by the tropical Miami landscape. Residents will have private access to over 80,000 square feet of amenities on five floors, including a fully appointed wellness center offered by the Well, squash court, several pools, full-service poolside restaurant, spa with treatment rooms, hot and cold plunges, several coworking and entertainment spaces. 49th floor rooftop amenity level with an additional pool, private dining rooms, bar, and lounge. 29,000 square feet of ground-level retail will include the trilogy of Vongerichten’s ABC restaurants: Kitchen, Cocina and V. Located in the Midtown/Design District neighborhood, Miami’s most innovative neighborhood for fashion, design, art, architecture & dining. Estimated completion in Q1, 2029.
Features
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Custom Mirrors
- Entrance Foyer
- Split Bedroom
- Volume Ceilings
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 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,250–$12,000.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.