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Turnkey investment in the heart of Downtown Miami. This furnished 2-bedroom, 1.5-bath residence at YOTELPAD offers 647 sqft of smart, flexible living in a building that allows short-term rentals, and the unit is currently in an Airbnb rental program. Floor-to-ceiling windows bring in natural light and open to a private balcony with sweeping skyline and partial bay views. The open living area features a SmartBed wall system that converts the space to sleep more guests, and the second bedroom includes a fold-down bed, built-in shelving and a desk. The European-style kitchen offers sleek flat-panel cabinetry, induction cooktop, built-in oven, under-cabinet lighting and a white subway tile backsplash. The bath features a rain shower, frosted glass panel and backlit mirror. Porcelain tile floors throughout. Building amenities include an outdoor pool and hot tub, skytop lounge with game area and chef's kitchen, fitness center, co-working spaces and meeting rooms, restaurant with outdoor dining, digital concierge, storage and bike storage. Steps from Metromover, Brightline, Bayfront Park, Kaseya Center, dining and the business district. A strong option for investors seeking a professionally designed unit in a high-demand travel and business area.
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–$5,569.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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