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1
Bedrooms
1
Bathrooms
850 sqft
Interior
1969
Year built
$700 / mo
HOA
Condominium
Type
About this home
Located in the heart of South Beach, this 3rd-floor 1-bedroom, 1-bath condo at Park Gardens places you just moments from Flamingo Park, Lincoln Road, world-class dining, shopping, entertainment, and Miami Beach's iconic white-sand beaches. Filled with natural light, the spacious open floor plan features tile flooring throughout, generous living and dining areas, a large walk-in closet, and an expansive private balcony that extends the living space outdoors. Secure lobby entry, elevator access, a community pool, and on-site laundry enhance everyday convenience, while the exceptional walkability places beaches, restaurants, cafés, shopping, nightlife, and everyday conveniences just moments from your front door. Whether you're seeking a full-time residence or the perfect South Beach getaway.
Features
- Lobby
- Built-in Features
- Closet Cabinetry
- Elevator
- Entrance Foyer
- Stacked Bedroom
- Walk-In Closet(s)
- Exterior Cat Walk
- Exterior Lights
- Open Balcony
- Garden
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 $2,350–$4,500.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.