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2
Bedrooms
3
Bathrooms
1,174 sqft
Interior
2005
Year built
$1,667 / mo
HOA
Condominium
Type
About this home
OCEAN VIEW 2 Bed 2.5 Bath, with front and back windows offering extensive natural light and air flow. The unit has NEW Cooktop and Fridge, a 4-year-old AC Unit, BRAND NEW washer & dryer and recently polished floors. Primary Bedroom offers a WALK-IN CLOSET, floor-to-ceiling windows, and access to the balcony. Primary bath includes double sinks, bidet and Shower/Tub Combination. Washer and Dryer in the unit. The BUILDING is located in the MOST CONVENIENT lot of Edgewater with unobstructed ocean via and instant access to the beach or highway. Walking distance to Midtown and Design District, 9 min to the Beach, 15 min to the Airport. FEATURES: gym, sauna, heated pools, jacuzzi, BBQ area, movies & billiard rooms, business center, children's play area, dog park, 24-hour security, additional valet parking for owners, and mini market. Great for end users and investors.
Features
- Walk-In Closet(s)
- Open Balcony
- Bay
- Ocean View
- Water View
Leasing
- Minimum lease
- Not stated
- No Daily Rentals
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.
Location
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–$5,500.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.