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Listed
Fabulous Penthouse and guest quarters with breathtaking views of Biscayne Bay from every room! This unique property is two units combined - perfect for single family use or a pied-a-terre plus guest shome. Beautiful renovation with new bathrooms and new floor to ceiling impact windows. The living / dining area has 10' ceilings and a built in wet bar with ice maker and wine refrigerator. European kitchen with breakfast area and terrace overlooking the bay. The main en-suite bath has a steam shower and custome his/hers closets. The "guest quarters" include a large living area with new wood floors, new kitchen and large terrace. This bedroom has 2 walk in closets and a large bathroom with separate shower and tub. The building is being totally renovated with redecorated lobby , hallways, updated fitness center, entertainment room, pool and marina. Ideal location with easy access to shopping, dining, Miami Beach, Downtown and airport. No current assesments.
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 4-bed rentals across Miami-Dade, from 116 active listings; the middle half ask $15,000–$37,000.That is what landlords ask, not what units let for — edit it if you know better.
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.
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.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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