Skip to content
All listings
Condominium at 9 Island Ave # 2306, Miami Beach FL 33139Active
1 / 36

Photo 1 of 36

Waterfront · Condominium
$1,500,000$1,042 / sqft

9 Island Ave # 2306, Miami Beach FL 33139

2
Bedrooms
2
Bathrooms
1,440 sqft
Interior
1981
Year built
None
HOA
Condominium
Type

About this home

Mesmerizing skyline and water views from every single window of this pristinely maintained unit perched high above Biscayne Bay. Original marble primary bath in outstanding condition. Upgrades include full impact windows and sliders, recently tiled oversized balcony (accessible from the living room, kitchen and second bedroom), stainless steel appliances in the kitchen, popcorn removed and fresh paint throughout. This blank canvas give buyers the opportunity to create the home of your dreams with views that can't be beat. Unit comes with one covered parking space and additional storage. Building has undergone extensive upgrades with pool, bbq, and spectacular new spa expected to be complete by the end of 2027. Call for additional details.

Features

  • Interior Hall
  • Lobby
  • Custom Mirrors
  • Fire Sprinklers
  • Split Bedroom
  • Walk-In Closet(s)
  • Open Balcony
  • Bay
  • Skyline
  • Water View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$7,585

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$7,585
HOA
None

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Compass Florida, LLC

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.