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700 NE 63rd St # D506, Miami FL 33138
About this home
Enjoy resort-style living in Miami’s Upper Eastside at Nirvana, a private, gated bayfront community surrounded by lush tropical landscaping. This bright studio residence offers an efficient layout, a functional kitchen with generous counter space, an updated shower and a sizable tiled balcony ideal for relaxing or outdoor dining. One assigned parking space is included, with an additional parking space available for approximately $25 per month. Nirvana offers an exceptional collection of waterfront amenities, including a bayfront infinity pool, lap pool, jacuzzi, private beach area, volleyball court, BBQ and picnic areas, fitness center, steam room and dedicated dog-walking areas. Residents also enjoy 24-hour security, beautifully maintained grounds, an on-site farmers market and yoga. Conveniently located near the MiMo District’s restaurants and shops, with easy access to Miami Beach, the Design District, Wynwood and Downtown Miami. A unique opportunity to own in one of Miami’s most tranquil bayfront communities.
Features
- Elevator
- Walk-In Closet(s)
- East Of Us1
- Courtyard
- Open Balcony
- Bay
- Water View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $1,238
- HOA
- $747 / mo
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, 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. 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.