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Waterfront · Condominium
$1,400,000$2,003 / sqft
50 S Pointe Dr # 504, Miami Beach FL 33139
Listed
0
Bedrooms
1
Bathrooms
699 sqft
Interior
2008
Year built
$2,600 / mo
HOA
Condominium
Type
About this home
A rare and atypical residence at Continuum North Tower, originally conceived as an adjunct or companion unit to a standard residential apartment—allowing an owner to maintain a separate, self-contained space for guests, family, staff, or extended stays. More accurately described as a **junior one-bedroom than a studio**, the layout includes a **completely separate bedroom and full master bath**, distinct from the living, dining, and kitchen areas. This separation gives the residence the privacy and functionality of a true one-bedroom configuration despite its compact footprint. The floor plan also offers a generous 16' x 17'9" living room, full kitchen, foyer, and in-unit laundry. Large windows provide abundant natural light, complemented by stone flooring, built-in cabinetry, and a marble-finished bathroom with glass-enclosed shower. A distinctive opportunity for a pied-à-terre, guest residence, staff quarters, or independent ancillary residence within one of South Beach’s premier oceanfront communities.
Features
- First Floor Entry
- Bay
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- 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.
Location
Approximate — shows the building, not the unit.
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 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.
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.