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Condominium
$299,000$544 / sqft
1523 West Ave # 202, Miami Beach FL 33139
Listed
1
Bedrooms
1
Bathrooms
550 sqft
Interior
1924
Year built
$750 / mo
HOA
Condominium
Type
About this home
Bright southeast corner unit in a charming, quiet boutique building on sought-after West Avenue. This recently updated residence features a renovated kitchen with gas range, dishwasher, and breakfast bar. Enjoy a brand-new 2026 A/C, in-unit washer and dryer, luxury vinyl flooring throughout, an updated bathroom, and two closets in the bedroom. Oversized windows on two sides fill the living area with natural light and lush tropical views. Pet friendly. The well-managed, well-maintained building offers rare peace of mind: recertification completed, healthy reserves, and no special assessments. Just one block from Biscayne Bay sunsets and minutes from Lincoln Road, Sunset Harbour, Whole Foods, and the beach. A move-in ready home in one of Miami Beach's best locations.
Features
- Other
- Garden View
Leasing
- Minimum lease
- 181 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. Open in maps (opens in a new tab)
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 in Miami Beach, from 200 active listings; the middle half ask $2,300–$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.