253 NE 2nd St # 508, Miami FL 33132
About this home
The best value 1-bedroom floor plan in Downtown Miami and one of the most versatile units in the building. This fully furnished, turnkey condo features an oversized master suite, a large den perfect as a home office or guest room, and a full second bathroom, giving you the flexibility of a two-room lifestyle at a one-bedroom price. Vizcayne delivers resort-caliber amenities: a high-end gym with classes, free weights, modern machines, and ample cardio equipment, sauna and plunge pool, clubroom, media room, dedicated co-working space, and four pools. Positioned directly across from Bayfront Park, you're steps from everything Miami has to offer. The building permits 30+ day rentals, making this an ideal buy for investors seeking income potential or digital nomads who want the freedom to rent when they're away. Whether you're a young professional, a remote worker who needs a dedicated office, a couple looking for a stylish urban home base, or an investor adding a turnkey asset to your portfolio, this unit checks every box.
Features
- First Floor Entry
- Walk-In Closet(s)
- Open Balcony
- None
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $2,275
- HOA
- $1,388 / 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.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
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.