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Listed
Top-floor corner residence in a beautifully maintained Mediterranean gem in South Beach's Flamingo Park neighborhood. The largest 2BR/2BA in the building at 980 SF, with no neighbors above. Abundant natural light, split floor plan, open kitchen, impact windows throughout, new in-unit central AC, newer appliances, in-unit washer/dryer, & large closets in both bedrooms. The building has done the work most historic buildings haven't: SIRS complete, reserves fully funded, no special assessments, and conventional financing available, a true rarity in South Beach's Art Deco district. Quiet residential block just 4 blocks to the beach, 1 block to Citi Bike, 2 blocks to Washington & a short walk Lincoln & South Pointe. Strong rental history makes it great as a pied-à-terre or income property. Tenant-occupied through 1/31/27 at $3,200/mo; vacant possession 2/1/27. Reserves at 31% (full funding), roof has 14 years of useful life, engineering inspection 2025, preventive termite treatment 2026, no assessments. Association docs on request. Easy to show with notice.
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 in Miami Beach, from 200 active listings; the middle half ask $3,600–$10,000.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.
Request a private or video tour with a local agent.