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About this home
AN EXCEPTIONAL OPPORTUNITY TO CREATE YOUR DREAM OCEANFRONT RESIDENCE AT THE ICONIC BURLEIGH HOUSE IN MIAMI BEACH. THIS UNIT IS IN ORIGINAL CONDITION AND REQUIRES A COMPLETE RENOVATION, MAKING IT THE PERFECT BLANK CANVAS FOR A BUYER WITH VISION. AT THIS PRICE, THE VALUE IS TRULY REMARKABLE, ESPECIALLY FOR A PROPERTY OFFERING DIRECT ACCESS TO THE BEACH, THE ATLANTIC OCEAN, AND MIAMI BEACH’S SCENIC BOARDWALK. IMAGINE DESIGNING A MODERN COASTAL RETREAT TAILORED ENTIRELY TO YOUR TASTE WHILE ENJOYING ONE OF THE MOST DESIRABLE LIFESTYLES IN SOUTH FLORIDA. STEP OUTSIDE AND YOU ARE IMMEDIATELY CONNECTED TO MILES OF WATERFRONT WALKING AND BIKING PATHS, WHITE-SAND BEACHES, AND INCREDIBLE OCEAN VIEWS. THE UNBEATABLE LOCATION ALSO PLACES YOU NEAR RESTAURANTS, SHOPPING, ENTERTAINMENT, AND EVERYTHING MIAMI BEACH HAS TO OFFER. WHETHER YOU ARE AN INVESTOR, END USER, OR SEASONAL RESIDENT, THIS IS A RARE CHANCE TO TRANSFORM AN ORIGINAL UNIT INTO A SPECTACULAR CUSTOM HOME. OPPORTUNITIES COMBINING THIS PRICE, LOCATION, AND DIRECT OCEAN ACCESS ARE EXTREMELY DIFFICULT TO FIND.
Features
- Lobby
- First Floor Entry
- None
- Skyline
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $2,938
- HOA
- $960 / mo
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, 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. 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.