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Waterfront · Condominium
$945,000$886 / sqft
650 NE 32nd St # 4406, Miami FL 33137
Listed
2
Bedrooms
2
Bathrooms
1,067 sqft
Interior
2018
Year built
$1,324 / mo
HOA
Condominium
Type
About this home
Fantastic 2Beds/2baths Den, private foyer at Paraiso bay, direct and unobstructed bay front and ocean views. A very spacious and relaxing balcony. The unit includes an exclusive storage in the building. Around 12 acres of outside amenities, enjoy the bayfront park, delight the boardwalk, play at the tennis courts, stay at the marina and in its Five Star Beach Club. The inside amenities include a movie theater, gym, spa, waterfront pool, business center, restaurant, wine bar, art gallery and much more. Just a walking distance from the fashion trend design district, minutes to Wynwood and easy access to everywhere. UNIT IS TENANT OCCUPIED UP TO 10TH FEB/2027.
Features
- Closet Cabinetry
- Walk-In Closet(s)
- Storage
- Other
- Open Balcony
- Bay
- Pool Area View
- Water View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- Daily Rentals Allowed
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 $2,350–$5,500.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.