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Sun-washed and move-in ready, Residence 205 at ONE Bay is a light-filled townhome in one of Miami’s most walkable neighborhoods. A dramatic 22' south-facing window floods the split-level interior with natural light and frames serene, tree-lined views across 1,645 SF of living space. Step out to the 150 SF terrace or head up to the 703 SF private rooftop, an open-air retreat made for entertaining. This 2-bedroom, 2-bath home has been meticulously maintained and upgraded with an EV charger and advanced water filtration. The boutique gated community offers a pool, lounge areas, and guest parking, and the residence includes 2 parking spaces. It’s pet-friendly and moments from the Design District, Midtown, and Wynwood. Fannie Mae-approved for greater financing flexibility and broader buyer access.
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 $2,300–$5,500.That is what landlords ask, not what units let for — edit it if you know better.
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.
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.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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