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2
Bedrooms
3
Bathrooms
1,417 sqft
Interior
1970
Year built
$702 / mo
HOA
Condominium
Type
About this home
Excellent investment opportunity! Spacious two-story 2-bedroom, 2.5-bath residence in Venetian Gardens. Both bedrooms are located on the second floor and feature private en-suite bathrooms, providing comfort and privacy. The first floor offers a functional living and dining area along with a convenient half bath for guests. The unit is currently tenant-occupied at $2,000 per month through August 11, 2026, providing immediate rental income for investors. The building is undergoing significant improvements and renovations. A special assessment of $320 per month is currently in place through March 2034 to fund these upgrades. As part of the renovation project, brand-new hurricane-impact windows have just been installed, adding value, energy efficiency, and storm protection. Great opportunity to own an income-producing property with ongoing enhancements and long-term upside potential.
Features
- Walk-In Closet(s)
- Other
- Open Balcony
- None
Leasing
- Minimum lease
- 90 days
- Leases permitted per year
- 4
- Ok To Lease
- Okay To Lease 1st Year
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 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,300–$5,100.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.