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Listed
THE BEDROOM IS FULLY SEPARATED : converted to a 1BED Junior. Legal SHORT TERM RENTALS (daily rentals). LOCATION, LOCATION, LOCATION with NO Rental restriction & Commercial zoning, type of unit that RARELY comes to market. One of the few buildings that allows daily rentals without being a condo-hotel, allowing owners to keep 100% of their rental income with no mandatory building management program or revenue split !! IMPACT WINDOWS with its UNOBSTRUCTED VIEW. CENTRAL AC. Turn Key unit Money Maker. Only steps from the beach literally in the heart of South Beach & walking distance to Lincoln Road. Restaurants, Shops, Coffee Shops, Entertainments, Beach, Everything is right out of your door and a few blocks in any direction. Right behind Gianni's at former Versace Mansion :) So bring your tooth brush and your bathing suit while generating income immediately in between your stays !
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 studio rentals in Miami Beach, from 200 active listings; the middle half ask $1,800–$3,000.That is what landlords ask, not what units let for — edit it if you know better.
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.
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.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Request a private or video tour with a local agent.