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Waterfront · Single Family Residence
$2,750,000$1,029 / sqft
1200 Cleveland Rd, Miami Beach FL 33141
Listed
4
Bedrooms
3
Bathrooms
2,672 sqft
Interior
1956
Year built
None
HOA
Single Family Residence
Type
About this home
Stunning 4BD/3BA waterfront residence in the exclusive, guard-gated community of Biscayne point. This renovated home features expansive modern flooring, a brand new kitchen with premium finishes, and an open layout that seamlessly blends indoor and outdoor living. The private backyard is an oasis with a sparkling pool, lush landscaping and serene canal views. Enjoy direct water access from your dock. Please note fixed-bridge clearance for boating. Move-in-ready property. Easy to show.
Features
- First Floor Entry
- Cooking Island
- Other
- Fruit Trees
- Canal
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$13,905
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $13,905
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 4-bed rentals in Miami Beach, from 34 active listings; the middle half ask $13,990–$30,000.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.