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Waterfront · Condominium
$6,500,000$951 / sqft
700 NE 26th Ter # 02, Miami FL 33137
Listed
5
Bedrooms
7
Bathrooms
6,834 sqft
Interior
2023
Year built
$11,054 / mo
HOA
Condominium
Type
About this home
A rare opportunity to complete a spectacular two-level penthouse at Missoni Baia! Spanning ~7,000 SF across the 56th & 57th floors, this flow-through residence offers soaring 13.5–14 ft ceilings, an internal staircase, and a ~3,000 SF wraparound terrace with sweeping bay and skyline views. Delivered white-boxed with plans largely complete, allowing a buyer to fast-track completion. The sale includes 5 assigned parking spaces and ~$2.5M in premium materials already purchased, including Poggenpohl kitchen, Gaggenau & Miele appliances, Swiss oak flooring, premium lighting, Crestron tech, custom cabinetry, and more.
Features
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Elevator
- Walk-In Closet(s)
- Wet Bar
- Media Room
- Storage
- Utility Room/Laundry
- Open Balcony
- Bay
- Water View
Leasing
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 5-bed rentals across Miami-Dade, from 21 active listings; the middle half ask $24,000–$45,000.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.