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Waterfront · Condominium
$3,761,200$1,749 / sqft
3883 Biscayne Blvd # 603, Miami FL 33137
Listed
2
Bedrooms
3
Bathrooms
2,151 sqft
Interior
2029
Year built
$4,840 / mo
HOA
Condominium
Type
About this home
Located at the gateway to the ultra-high end Miami Design District, Kempinski Residences Miami Design District will feature two 23- story towers with 64 private residences in each tower, along with 6 townhomes and 17 guest suites exclusively for sale to residents. The residences will range from two to four bedrooms, with interiors measuring approximately 2,100 to 3,100 square feet and total living areas of up to 3,700 square feet. Expansive terraces will offer sweeping views of Biscayne Bay and the Downtown Miami skyline.
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Entrance Foyer
- Pantry
- Den/Library/Office
- Barbeque
- Bay
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- No Daily Rentals
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 $2,350–$5,500.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.