All listings
Active
Active1 / 39
Photo 1 of 39
Condominium
$299,000$727 / sqft
1601 West Ave # 209, Miami Beach FL 33139
Listed
1
Bedrooms
1
Bathrooms
411 sqft
Interior
1962
Year built
$583 / mo
HOA
Condominium
Type
About this home
Welcome to a beautifully renovated residence at the Fontana Condo. THIS boutique Art Deco/MiMo gem tucked into the heart of South Beach, just half a block from Lincoln Road. This intimate 26-unit building offers a rare sense of privacy and community, wrapped around a lushly landscaped courtyard and pool that make you forget you're steps from the city's best shopping, dining, and nightlife. Unit 209 has been fully renovated top to bottom, featuring [wood/teak flooring], stainless steel kitchen appliances, updated bathroom(s), and floor-to-ceiling impact windows that flood the space with natural light. [In-unit washer/dryer], central A/C, and thoughtfully designed finishes make this a true move-in-ready home. Buyers take note: the building has NO special assessment a rare and valuable find in Miami Beach's current condo market, offering peace of mind and predictable carrying costs. Located in the Flamingo-Lummus Historic District, you're moments from Lincoln Road's shops and restaurants, Sunset Harbour, Flamingo Park, and the beach itself with easy access to the MacArthur Causeway for quick trips to Downtown, Brickell, and Wynwood.
Features
- Second Floor Entry
- Exterior Cat Walk
- Other
- Pool Area View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 365
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 1-bed rentals in Miami Beach, from 200 active listings; the middle half ask $2,300–$3,850.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.