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Waterfront · Condominium
$1,500,000$1,042 / sqft
9 Island Ave # 1806, Miami Beach FL 33139
Listed
2
Bedrooms
2
Bathrooms
1,440 sqft
Interior
1981
Year built
$1,895 / mo
HOA
Condominium
Type
About this home
Welcome to Residence 1806 at Nine Island Avenue, a spacious 2 bedroom, 2 bath residence offering spectacular views, abundant natural light and the opportunity to create a home that truly reflects your personal style. Set high above Belle Isle, this residence captures beautiful panoramic vistas through impact windows, bringing Miami’s incredible light and scenery into the home throughout the day. While the residence offers the opportunity for a new owner to update and personalize the interiors, the most valuable elements are already here: a desirable high-floor location, breathtaking views and one of Miami Beach’s most sought-after waterfront addresses. Adding even more value, all special assessments for this unit have been paid in full by the seller. Nine Island Avenue has undergone an impressive transformation, with its common areas already beautifully renovated with contemporary elegance and refined finishes. The building is now completing the total renovation of its pool deck, further enhancing the lifestyle and appeal of this iconic Belle Isle residence. Ideally located just moments from Sunset Harbour, enjoy easy access to some of Miami Beach’s best restaurants, cafés, fitness studios, shops and markets, while still coming home to the tranquility of waterfront living. Residence 1806 is a rare opportunity to take a great space, an incredible view and an exceptional location and make it entirely your own.
Features
- Elevator
- Fire Sprinklers
- Walk-In Closet(s)
- None
- Tennis Court(s)
- Bay
- Skyline
- Water View
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 in Miami Beach, from 200 active listings; the middle half ask $3,595–$10,000.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.