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1540 Cleveland Rd, Miami Beach FL 33141
About this home
Located on the exclusive gated island of Biscayne Point, this modern waterfront residence blends timeless design with turnkey convenience. Rebuilt in 2014, the home features updated roof, impact windows and doors, plumbing, electrical, and A/C systems. Offering 5 bedrooms and 3.5 bathrooms, the residence showcases high ceilings, limestone floors throughout, and a sleek gourmet kitchen with top-of-the-line appliances and generous storage. Designed for both comfort and entertaining, the property includes an oversized pool and a fully fenced lot with electric gates and circular driveway. Enjoy the privacy of island living while being just minutes from top schools, beaches, restaurants, golf, tennis, and houses of worship.
Features
- First Floor Entry
- Built-in Features
- Cooking Island
- Volume Ceilings
- No Additional Rooms
- Lighting
- Canal
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $24,069
- 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.
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.
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.