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1
Bedrooms
1
Bathrooms
553 sqft
Interior
2007
Year built
$385 / mo
HOA
Condominium
Type
About this home
Excellent opportunity at San Lorenzo in the heart of Miami. Unit 705 features 1 bedroom, laminate wood and tile flooring, granite countertops, stainless-steel appliances, wood cabinetry, walk-in closet, washer/dryer inside the unit, and a spacious balcony. Includes one assigned parking space plus a private storage unit. Centrally located just minutes from Brickell, Downtown Miami, Coral Gables, LoanDepot Park, major highways, dining, shopping and entertainment. Tenant occupied, offering immediate rental income for an investor. Building amenities include secure access, fitness center and pool. Pool is currently undergoing renovation. Request virtual walk through video link via text.
Features
- First Floor Entry
- Other
- Open Balcony
- Other View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 365
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
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 $1,950–$3,495.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.