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Waterfront · Condominium
$550,000$641 / sqft
3 Island Ave # 14L, Miami Beach FL 33139
Listed
1
Bedrooms
1
Bathrooms
858 sqft
Interior
1962
Year built
None
HOA
Condominium
Type
About this home
Cool and chic one bedroom apartment in a high floor with beautiful sunrise views. Perfect pied-a-terre in Miami Beach in trendy Belle Isle on the Venetian Causeway and right across The Standard Hotel. Impact windows and newly permitted wall-to-wall sliding doors which open both ways to enjoy water and park views from an ample balcony. Renovated with a comfortable and cozy kitchen and bathroom. This Morris Lapidus condominium has a stunning west facing pool and deck on the bay to sunbathe and rejoice in the most fantastic sunsets all year round. Located just steps away from restaurants and grocery stores in Sunset Harbour and Lincoln Road. Furniture could be included! Ready to move in and easy to show!
Features
- First Floor Entry
- Built-in Features
- Fire Sprinklers
- Walk-In Closet(s)
- East Of Us1
- Barbeque
- Bay
- Garden View
- Other View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
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 $2,350–$3,900.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.