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2
Bedrooms
2
Bathrooms
980 sqft
Interior
1988
Year built
$614 / mo
HOA
Condominium
Type
About this home
GREAT INVESTMENT OPPORTUNITY. Spacious and bright 2 bedrooms 2 baths, corner unit with split floor plan on the first floor. Freshly painted in move in condition with newer finishes, kitchen cabinets, convenient in-unit washer and dryer, tile flooring throughout. TWO COVERED ASSIGNED PARKING SPACES plus ample guest parking are included. Desirable gated community with 24/7 security guard, new roof and recently painted. Residents enjoy access to swimming pool, BBQ area, gym, tennis court, clubhouse. The association includes water, waste and maintenance of the common areas. Conveniently located East of Old Cutler Road, near Florida Turnpike, US-1, Black Point Marina, hospitals, schools, parks, buses, supermarkets, etc. The apartment is ideal for investors, retirees, first time buyers, etc. Seller motivated.
Features
- First Floor Entry
- Elevator
- Fire Sprinklers
- Other
- Pantry
- Split Bedroom
- Walk-In Closet(s)
- Open Balcony
- Other View
Leasing
- Minimum lease
- 365 days
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.