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Waterfront · Condominium
$250,000$411 / sqft
1200 West Ave # 1101, Miami Beach FL 33139
Listed
1
Bedrooms
1
Bathrooms
609 sqft
Interior
1965
Year built
$780 / mo
HOA
Condominium
Type
About this home
Excellent opportunity to own at Mirador 1200, a bayfront condominium in the heart of Miami Beach's desirable West Avenue neighborhood. This South Beach residence combines waterfront living, full-service amenities and a highly walkable location, making it an attractive choice for a primary residence, second home or long-term investment. Mirador 1200 offers a resort-style bayfront pool and sundeck, fitness center, 24-hour security/front desk service, valet parking and convenient on-site services. Enjoy the energy of South Beach while living on the quieter residential side of the island, just minutes from Lincoln Road, Flamingo Park, the beach, restaurants, cafes and everyday shopping. Whole Foods, Trader Joe's and other neighborhood conveniences are nearby. The West Avenue corridor continues to be one of Miami Beach's most established residential areas, supported by limited waterfront inventory and strong lifestyle appeal. For buyers focused on long-term value, this property offers an opportunity to secure a residence in a recognizable waterfront building at a central Miami Beach address. The combination of bayfront location, established condominium community, neighborhood convenience and proximity to the best of South Beach makes Mirador 1200 especially appealing for buyers looking beyond short-term trends. An excellent option for an owner-user or investor seeking location, amenities, convenience and potential for long-term appreciation.
Features
- Elevator
- Intracoastal View
Leasing
- Minimum lease
- 181 days
- Leases permitted per year
- 2
- Ok To Lease
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 $2,350–$4,500.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.