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Listed
Priced below market value! Best Deal in Miami Beach! Double-door remodeled penthouse in the most sought-after location in South Beach. High ceilings. Stunning Miami skyline views and Biscayne Bay views, no ocean views. Polished Marble floors. Freshly painted. Ready to move-in. Master ensuite includes a large California walk-in closet. 2 private balconies. High-impact sliding glass doors & windows. Master bathroom has dual sinks, marble shower. Open, bright living area. Amplified South views from floor to ceiling windows. The 2nd ensuite was changed into a den/home office with a full marble bathroom, including shower and bidet. BOSH washer and dryer inside the unit. Kitchen has plenty of cabinets, black granite counter tops. Electric shades. Added value: one assigned garage space near the elevators. Another added value: special assessment has been paid in full already by seller. New ALO store on the corner of Lincoln and Collins is nearly finished. The Ritz-Carlton Residence is coming across the street. Porte Cochere designed by Kobi Karp coming soon. HOA includes ALL utilities (water, electricity, internet, cable TV and reserves). Central Cooling and Heating. The building allows 12 leases per year, with a minimum rental period of 30 days, making this investment a potential income producer. Heated infinity pool, sundeck, direct beach entrance; children's play room, game room, gym, 24 hrs valet, front desk & security and more. Foreign Owner says sell! It will not last!
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.
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.
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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