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2
Bedrooms
3
Bathrooms
1,175 sqft
Interior
2018
Year built
$1,671 / mo
HOA
Condominium
Type
About this home
Luxury waterfront living at Paraiso Bay in Edgewater. This immaculate 2-bedroom, 3-bath residence offers 1,175 SF of contemporary living space in like-new condition. Built in 2018 and barely used, the unit feels almost brand new. Features include an open-concept layout, floor-to-ceiling glass, a modern kitchen with sleek cabinetry and premium appliances, spacious bedrooms, generous closets, and a large balcony ideal for indoor/outdoor living. The residence comes with one assigned parking space. Paraiso Bay is a full-service, resort-style building offering a bayfront pool, state-of-the-art fitness center, spa, tennis courts, social rooms, concierge, valet, and 24/7 security. Prime Edgewater location just minutes from Wynwood, the Design District, Midtown, Downtown Miami, and Miami Beach. Property is rented until January 2027 $4900 Monthly.
Features
- Cooking Island
- Entrance Foyer
- No Additional Rooms
- Other
- Open Balcony
- Bay
- Ocean View
- Water View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
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.