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Waterfront · Condominium
$900,000$1,056 / sqft
1000 West Ave # 1518, Miami Beach FL 33139
Listed
1
Bedrooms
1
Bathrooms
852 sqft
Interior
1968
Year built
$1,130 / mo
HOA
Condominium
Type
About this home
Located in the heart of South Beach, this beautifully renovated and fully furnished 1-bedroom, 1-bath residence offers breathtaking views of Biscayne Bay, the Downtown Miami skyline, spectacular sunsets, and the resort-style pool area from its spacious balcony. Bright, airy, and move-in ready, the unit features porcelain flooring, a new A/C system and ductwork, LED lighting, impact-resistant windows and doors, and abundant natural light. The custom European kitchen is equipped with a Liebherr refrigerator, induction cooktop, and soft-close cabinetry. Additional upgrades include custom European closets, a beautifully remodeled bathroom, designer accent walls, a stylish built-in bar, and a new in-unit washer and dryer. The building features a newly renovated resort-style pool deck with heated pool and Jacuzzi, 24-hour concierge and security, fitness center, package service, hair salon, convenience store, one assigned garage parking space, and additional valet parking available for a fee. Ideally located just steps from Whole Foods, Walgreens, coffee shops, and restaurants, and within walking distance of Lincoln Road and the beach. Downtown Miami, Kaseya Center, the Arsht Center, Wynwood, the Design District, and Miami International Airport are all just a short drive away.
Features
- First Floor Entry
- East Of Us1
- Bay
- Water View
Leasing
- Minimum lease
- 120 days
- Leases permitted per year
- 2
- Ok To Lease
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.
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.