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4
Bedrooms
5
Bathrooms
3,919 sqft
Interior
2026
Year built
$5,408 / mo
HOA
Condominium
Type
About this home
Welcome to the Penthouse at Mila — a rare full-floor 4-bed/4.5-bath residence in exclusive Bay Harbor Islands, designed by acclaimed architect Kobi Karp. A private elevator opens into soaring, light-filled interiors framed by floor-to-ceiling glass, with multiple terraces offering panoramic bay and skyline views — ideal for entertaining or quiet mornings above it all. The chef's kitchen features custom European cabinetry, stone surfaces, premium integrated appliances, wine storage, and an oversized island. The primary suite offers a custom dressing room and a spa-inspired bath. Rooftop amenities include a pool, wellness areas, and a summer kitchen. With secure smart-access and a boutique, low-rise setting, Mila offers rare privacy — moments from Bal Harbour Shops, Surfside Beach, and easy access to Miami Beach, the Design District, and Aventura.
Features
- Family Room
- Utility Room/Laundry
- Other View
Leasing
- Minimum lease
- 90 days
- Leases permitted per year
- 4
- Ok To Lease
- 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.
Location
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 4-bed rentals across Miami-Dade, from 118 active listings; the middle half ask $15,900–$37,000.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.