1040 Biscayne Blvd # 1602, Miami FL 33132
About this home
Impeccably designed and fully reimagined, this stunning two-story residence offers the perfect balance of Miami sophistication and everyday comfort—where Biscayne Bay meets the city skyline. Spanning 1,800 SF, this 2-bedroom, 2.5-bath home features a comprehensive renovation with every detail thoughtfully upgraded. Formerly owned by Colombian artist and designer Rakel, the space blends creativity and function with warm wood-look porcelain floors, a custom kitchen island, curated imported tiles, and bespoke millwork for seamless storage. Double-height ceilings flood the home with natural light, while soundproofed floors and walls ensure privacy. Smart home integration, electric shades, and complete the offering. Located at Ten Museum Park, a boutique Bayfront building in Downtown Miami, residents enjoy two full floors of amenities including sunrise and sunset pools, a state-of-the-art gym, spa, personalized service and beach club access in South Beach. Set in a vibrant, rapidly evolving neighborhood steps from Miami World Center, museums, Bayfront parks, and premier entertainment—offering effortless access to everything Miami has to offer. Tenant in place, paying $10K/month through August 31st.
Features
- Interior Hall
- Lobby
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Pantry
- Chandelier To Be Replaced
- Split Bedroom
- Vaulted Ceiling(s)
- Walk-In Closet(s)
- Family Room
- Open Balcony
- Bay
- Ocean View
- Skyline
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $8,065
- HOA
- $2,857 / mo
Illustration only — not a loan offer, quote, or commitment. 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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Request a private or video tour with a local agent.
Run the numbers
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Enter rent, 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. 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.