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1
Bedrooms
1
Bathrooms
700 sqft
Interior
1966
Year built
$490 / mo
HOA
Condominium
Type
About this home
Live the South Beach lifestyle from this beautifully renovated corner residence, ideally located on one of Miami Beach’s most charming tree-lined streets, just one block from South of Fifth. This spacious 1-bedroom, 1-bath home offers approximately 700 SF and is sold fully furnished with high-end furniture. The bright open-concept layout features an open kitchen with a large island, expansive windows, a custom built-in walk-in closet, in-unit washer and dryer, and a generous private balcony perfect for relaxing outdoors. Enjoy the convenience of a private entry and gated, fenced parking—a rare find in this prime location. Smart-home features allow you to control recessed lighting, thermostat, and locks by phone or voice. Set within a renovated Art Deco building that has completed its 40-year inspection, with no special assessment. Currently rented month-to-month for $2,850/month. Minutes from the beach, restaurants, cafés, supermarkets, shopping, and everything South Beach has to offer.
Features
- First Floor Entry
- Built-in Features
- Cooking Island
- Garden View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- No Daily Rentals
- Ok To Lease
- Okay To Lease 1st 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 in Miami Beach, from 200 active listings; the middle half ask $2,350–$4,500.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.