ActivePhoto 1 of 31
About this home
Lowest-priced unit in the building! Great income-producing investment, currently rented for $1,700/month to a reliable long-term tenant. Seller will pay all outstanding assessments at closing. Charming 1-bedroom, 1-bath apartment in the heart of South Beach’s iconic Art Deco District. Features a renovated bathroom, two wall A/C units, a functional layout, and ample closet space. Enjoy an unbeatable location just steps from the beach, Lincoln Road, restaurants, cafés, shopping, and everything South Beach has to offer. A fantastic opportunity for investors or future owners.
Features
- Interior Hall
- Second Floor Entry
- Closet Cabinetry
- Cooking Island
- Utility Room/Laundry
- East Of Us1
- Other
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $1,163
- HOA
- $776 / mo
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, 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. 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.