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Waterfront · Condominium
$1,325,000$1,272 / sqft
400 S Pointe Dr # 505, Miami Beach FL 33139
Listed
2
Bedrooms
2
Bathrooms
1,042 sqft
Interior
1987
Year built
$2,012 / mo
HOA
Condominium
Type
About this home
Stunning tropical oasis in a completely transformed luxury building in the most exclusive neighborhood in Miami Beach - South of Fifth! Open floor plan boasts panoramic views of government cut with cruise ships and yachts parading by the residence, gaze at the sparkling Atlantic Ocean, vibrant Miami skyline and tropical foliage. Beautiful and peaceful during the day and transforms into stunning sunsets and the skyline coming to life in the evening. Lots of natural light. UPDATED HURRICANE IMPACT WINDOWS AND DOORS THROUGHOUT. NO NEED FOR STORM SHUTTERS. With contemporary yet tastefully finishes, this luxury residence is designed to impress & optimize relaxation & style. Enjoy the luxury of an open floor plan with a flexible 2nd bedroom, open eat-in kitchen, space for formal dining & a spacious living room. RARE extended terrace for comfortable outdoor living and to take in the amazing views. Luxury building with 2 new pools, jacuzzis, new gym, sauna, tennis/pickleball/basketball, BBQ areas, assigned and valet parking, kids playground, 24/7 security, valet and more! Walk to the ocean, marina, parks & dozens of 5-star restaurants. Do not miss the opportunity at an incredible value.
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Fire Sprinklers
- Walk-In Closet(s)
- East Of Us1
- Barbeque
- Other
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 in Miami Beach, from 200 active listings; the middle half ask $3,595–$10,000.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.