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Waterfront · Condominium
$5,900,000$1,475 / sqft
3535 Hiawatha Ave # 504, Miami FL 33133
Listed
3
Bedrooms
4
Bathrooms
4,000 sqft
Interior
2011
Year built
$5,943 / mo
HOA
Condominium
Type
About this home
Completely rebuilt with a chic modern design by renowned designer Carmen Alcaraz Gomes of CG1 Design, this exceptional two-story waterfront residence at The Residences at Vizcaya offers the scale and comfort of a private home with the convenience of boutique luxury condominium living. Spanning approximately 4,000 SF, this 3-bedroom, 3.5-bath residence is filled with natural light and showcases sweeping Biscayne Bay views. A grand foyer opens to expansive living and entertaining spaces that flow seamlessly to a large private terrace overlooking the pool and bay. The designer Scavolini kitchen features quartz countertops, custom cabinetry, an oversized island, and premium Miele appliances. Located in an exclusive 18-residence waterfront building in the heart of Coconut Grove. Pet friendly.
Features
- Other
- Volume Ceilings
- Walk-In Closet(s)
- East Of Us1
- Barbeque
- Courtyard
- Open Balcony
- Tennis Court(s)
- Bay
- Ocean 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 3-bed rentals in Coconut Grove, from 17 active listings; the middle half ask $15,700–$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.