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Condominium
$198,500$223 / sqft
Miami, FL, 33179
Listed
1
Bedrooms
2
Bathrooms
889 sqft
Interior
1975
Year built
$420 / mo
HOA
Condominium
Type
About this home
Rare find at The Wilshire Condominium! This beautifully remodeled 1-bedroom, 1.5-bathroom residence offers a move-in-ready home in a desirable Miami location. Features include a modern kitchen with stainless steel appliances, tile flooring throughout, two spacious walk-in closets with premium Elfa shelving, and a bright and inviting living space. The Wilshire offers excellent amenities including a sparkling pool with beautiful lake views, jacuzzi, fitness center, clubhouse, and 24-hour security. One assigned parking space is conveniently located near the main entrance. Cable and water are included. Ideally located close to Aventura Mall, beaches, Publix, Walmart, Home Depot, LA Fitness, restaurants, shopping, and major highways. A wonderful opportunity for an owner-occupant or investor seeking a beautifully updated home in a convenient Miami-Dade location. Don't miss this exceptional opportunity to own a beautiful residence at The Wilshire!
Features
- Interior Hall
- Lobby
- Elevator
- Other
- Garden View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- No Daily Rentals
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 across Miami-Dade, from 200 active listings; the middle half ask $2,000–$3,800.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.