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Waterfront · Condominium
$189,900$253 / sqft
7441 Wayne Ave # 2O, Miami Beach FL 33141
Listed
1
Bedrooms
1
Bathrooms
750 sqft
Interior
1964
Year built
$721 / mo
HOA
Condominium
Type
About this home
INCREDIBLE OPPORTUNITY! PRICE TO SELL!!! Lowest-priced spacious 1-bedroom unit in the highly desirable North Beach area, offering outstanding value and a full range of amenities, one assigned parking spot +one unassigned, the $721 HOA includes, high speed fiber internet, cable tv, water and sewer and storage. This well-maintained residence features generous living spaces, ample storage, a fully equipped kitchen, and a large bedroom. Brand-new high-impact windows are recently installed ,adding value and peace of mind. Laundry facilities are conveniently located on every floor. The building offers 24-hour security, package receiving services, and an impressive list of amenities, including fiber-optic internet, cable TV, water and sewer, a fitness center, bike storage, and a gorgeous pool that is currently open and not under construction. This unit comes with Storage room. THE SELLER PAID IN FULL THE CURRENT SPECIAL ASSESSMENT OF APPROXIMATELY $32,000 COVERING THE BUILDING'S ONGOING IMPROVEMENTS.T Ideally located within walking distance of the beach, restaurants, shopping, and public transportation. Call the listing agent today,this exceptional opportunity will not last!
Features
- Second Floor Entry
- East Of Us1
- Other
- Canal
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- No Daily Rentals
- No Lease-1st Year Owned
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 $2,299–$3,850.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.