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2
Bedrooms
2
Bathrooms
857 sqft
Interior
2010
Year built
$1,056 / mo
HOA
Condominium
Type
About this home
Experience sophisticated city living in this bright & airy 2-bed, 2-bath corner unit at Terrazas. This inviting home in the sky is filled with natural light from its floor-to-ceiling windows and private balcony. Residents enjoy an array of top-tier amenities, including 24-hour concierge, state-of-the-art gym with sauna & jacuzzi, a resort-style pool, plus a convenient Mini Mart. This prime location is all about lifestyle! You have easy access to all Miami has to offer just minutes away. Enjoy the cultural diversity of Little Havana restaurants & Calle Ocho; watch live football at loanDepot Park; hit Bayside for the fireworks or concerts; experience the lively nightlife, world-class art galleries and cultural venues of Downtown Miami; or take a short drive to either Key Biscayne or Miami Beach for a day on the water - all while being close to work at the Civic Center/Health District.
Features
- First Floor Entry
- Utility Room/Laundry
- Open Balcony
- Skyline
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- No Daily Rentals
- Okay To Lease 1st Year
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.
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 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,300–$4,900.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.