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Waterfront · Condominium
$550,000$671 / sqft
1688 West Ave # 906, Miami Beach FL 33139
Listed
1
Bedrooms
2
Bathrooms
820 sqft
Interior
1995
Year built
$950 / mo
HOA
Condominium
Type
About this home
Discover the perfect Miami Beach lifestyle at this spacious 1-bedroom, 2-bathroom residence offers an ideal combination of comfort, convenience, and location, just steps from the vibrant Sunset Harbour neighborhood. Enjoy effortless access to some of Miami Beach’s best restaurants, cafés, fitness studios, and waterfront destinations. Trader Joe’s is conveniently located directly across the street, making everyday shopping exceptionally easy. Lincoln Road’s renowned shopping, dining, and entertainment is also within walking distance. The residence includes two dedicated parking spaces, a valuable convenience in Miami Beach. With two full bathrooms and a prime location surrounded by dining, shopping, fitness, and entertainment, this home is an excellent opportunity for anyone looking to enjoy the best of Miami Beach in a highly walkable neighborhood.
Features
- Fire Sprinklers
- Walk-In Closet(s)
- Open Balcony
- Bay
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- Ok To Lease
- Okay To Lease 1st Year
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–$3,900.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.