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Listed
A remarkable waterfront residence at Monad Terrace, where expansive outdoor living and sunset views over Biscayne Bay define the experience. A private elevator opens to this 3-bedroom, 3.5-bath home spanning 2,345 SF, with warm teak flooring creating a refined continuity throughout. At the heart of the residence, the kitchen is anchored by an expansive veined-marble island with seating, waterfall edges and a matching backsplash, complemented by panel-ready appliances, built-in wine storage and under-cabinet lighting. Nearly 1,800 SF of wraparound terrace space extends the living areas outdoors, offering an exceptional setting for entertaining, dining and taking in the evening views. Set within an intimate 59-residence waterfront building, residents enjoy a pool, fitness center, valet, doorman and security. Two assigned parking spaces complete this sophisticated Miami Beach residence.
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 3-bed rentals in Miami Beach, from 92 active listings; the middle half ask $10,000–$40,000.That is what landlords ask, not what units let for — edit it if you know better.
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.
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.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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