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1
Bedrooms
2
Bathrooms
665 sqft
Interior
2022
Year built
$1,023 / mo
HOA
Condominium
Type
About this home
THE ONLY 1 BEDROOM LINE with 2 FULL BATHROOMS at THE ELSER RESIDENCES, Enjoy direct WATER VIEWS to BISCAYNE BAY AND BAYSIDE MARINA from your bed or your dining room. This unit is managed by a LICENSED AIRBNB property management (optional). Owner can use it as PRIMARY RESIDENCE, 2nd HOME or INVESTMENT PROPERTY. Owner has the option to offer the unit FOR RENT BY OWNER directly or throughA REALTOR/BROKER from 6 months up to 12 months. FULLY FURNISHED, READY TO MOVE IN OR PRODUCE INCOME for the owner. Full-service, professionally managed building, owners and guests enjoy resort-style amenities including 24/7 concierge, valet parking, rooftop pool with panoramic views, 10,000 sq ft state of the art fitness center, spa-inspired amenities, and on-site dining and lounge areas. PRIME LOCATION IN THE HEART OF THE CITY OF MIAMI, just steps from Miami Arena, Bayside Marketplace and Marina, Bayfront Park, the new epicenter of Downtown: MIAMI WORLD CENTER. Just 5 min from BRICKELL, and major cultural and entertainment venues. Easy access to Miami Beach, the airport, and highways.
Features
- Interior Hall
- Lobby
- First Floor Entry
- Open Balcony
- Bay
- Ocean View
- Skyline
Leasing
- Minimum lease
- 1 day
- Leases permitted per year
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–$3,750.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.