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2
Bedrooms
2
Bathrooms
1,048 sqft
Interior
2008
Year built
$1,225 / mo
HOA
Condominium
Type
About this home
Experience elevated living in this stunning penthouse residence on the 56th floor of Opera Tower, featuring soaring 10-foot ceilings, breathtaking bay and Miami skyline views, and an oversized private balcony perfect for relaxing or entertaining. This beautifully updated 2-bedroom, 2-bathroom residence offers an open-concept layout with modern finishes, abundant natural light, and dramatic floor-to-ceiling windows that showcase the spectacular views from every angle. Residents enjoy an array of resort-style amenities, including a state-of-the-art fitness center, sauna, 24-hour security, valet service, and more. The pool area is currently undergoing renovations and is expected to reopen soon, further enhancing the building’s lifestyle appeal. Ideally located in the heart of Edgewater, just steps from Margaret Pace Park and minutes from Wynwood, the Miami Design District, Downtown Miami, and the beaches. Flexible 30-day rentals are permitted, making this an exceptional opportunity for both end users and investors alike.
Features
- Dome Kitchen
- Volume Ceilings
- Open Balcony
- Bay
- Skyline
Leasing
- Minimum lease
- 30 days
- Leases permitted per year
- 12
- 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 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,300–$5,569.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.