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1
Bedrooms
1
Bathrooms
741 sqft
Interior
1972
Year built
$977 / mo
HOA
Condominium
Type
About this home
Welcome to Nirvana, a gated bayfront community where nature and comfort come together. The grounds are truly exceptional, with lush tropical vegetation, towering mature Florida trees, and beautifully maintained gardens that create a private, resort-like retreat in the heart of the city. This bright 1-bedroom corner unit on the 4th floor offers over 700 sq ft of thoughtfully designed living space. The open-concept kitchen features an expansive countertop that flows seamlessly into the dining and living areas, ideal for entertaining or relaxed everyday living. As a corner-line residence, the home is filled with natural light throughout. Step out onto the oversized balcony, with plenty of room for outdoor seating to enjoy your morning coffee or evening breeze. Pet-friendly, with parking for one or more vehicles. Residents enjoy multiple pools, a jacuzzi, a fitness center, BBQ areas, a volleyball court, and canoe and paddle board storage right by the bay, perfect for an active waterfront lifestyle. On-site management and a convenient small market within the complex add everyday ease, while gated entry and on-site security patrols provide peace of mind. Just outside, walk to Legion Park to enjoy its open green spaces and the popular Saturday farmers market, with charming restaurants and bakeries just steps away. A rare opportunity to own one of the most desirable layouts in this sought-after community.
Features
- Other
- East Of Us1
- Open Balcony
- Garden View
- Other View
Leasing
- Minimum lease
- 183 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 across Miami-Dade, from 200 active listings; the middle half ask $2,000–$3,500.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.