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Condominium
$649,900$623 / sqft
2020 Prairie Ave # 302, Miami Beach FL 33139
Listed
2
Bedrooms
2
Bathrooms
1,043 sqft
Interior
2008
Year built
$884 / mo
HOA
Condominium
Type
About this home
Exclusive modern boutique building with only 20 units. Built by renowned architects BEHAR-FONT. 2|2, spacious floor plan, High ceilings, stainless steel kitchen, floor to ceiling windows. Undoubtedly the best offer with covered parking spot! Private pool and secured access. Great location in the heart of it all, surrounded by houses in a calm residential area while located a short walk from the beach, Lincoln Rd, beautiful botanical garden, new Bayshore Park, Fresh market, Trader Joe's, Publix. Zoned in the best Elementary school district (North beach elementary school rated 10).
Features
- Other
- Other View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 1
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.
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$4,170
Loan payment and HOA only. Property tax and insurance are significant here and are included.
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 in Miami Beach, from 200 active listings; the middle half ask $3,595–$10,000.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.