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Condominium
$369,900$438 / sqft
245 18th St # 805, Miami Beach FL 33139
Listed
1
Bedrooms
1
Bathrooms
845 sqft
Interior
1970
Year built
$623 / mo
HOA
Condominium
Type
About this home
Experience vibrant coastal living in this beautifully remodeled and exceptionally spacious residence at James Central Towers. One of the building’s larger units, this stylish home showcases captivating ocean and city skyline views directly from the residence. The bright, contemporary interior features impact windows and doors, elegant 48” x 24” porcelain tile throughout, brand-new stainless-steel appliances, a new A/C system, and a beautifully renovated bathroom with a modern vanity. A generous walk-in closet and additional closet space provide excellent storage. Ideally situated in the heart of Miami Beach, just steps from the ocean and within walking distance of fine dining, fashionable boutiques, shopping, and entertainment, with convenient access to major roadways.
Features
- Lobby
- First Floor Entry
- Other
- Open Balcony
- Ocean View
- Other View
- Water View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- No Daily Rentals
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.
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.