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Condominium
$625,000$754 / sqft
220 21st St # 401, Miami Beach FL 33139
Listed
1
Bedrooms
2
Bathrooms
829 sqft
Interior
2010
Year built
None
HOA
Condominium
Type
About this home
This rarely available 844 SF corner unit offers a 1 bedroom, 1.5 bath residence located on the best line and the 4th floor in the building, offering quietness and sweeping views for a luxury lifestyle. The Boulan is a boutique building also offering the flexibility to rent short term when you are not around, making this an ideal vacation home, investment property with high returns, or full-time residence. High-end appliances, Meile oven, induction cook top, custom Italian cabinetry & fixtures, this corner residence captures light and views from two exposures rarely available in the building. Boulan South Beach is a chic, design-driven Art Deco haunt offering one of the most favorable restriction-free rental programs in Miami Beach, with no minimum days required. Located steps from the beach and across from The Setai and W Hotel, residents enjoy resort-style amenities including a rooftop pool oasis, elevated dining at The Garden nestled in the Boulan Courtyard, a hot tub, meditation garden, fitness center, valet parking, and complimentary beach service with lounge chairs, towels, and umbrella. Whether you live in it full-time, use it as a second home, or rent it out on your own terms, this top-floor corner unit offers the rare combination of privacy, views, and income potential. STAY. PLAY. INVEST.Certified 844 Sq. Ft. per appraiser
Features
- Other
- Other View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$3,160
Loan payment and HOA only. Property tax and insurance are significant here and are included.
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 $2,300–$3,850.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.