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Condominium
$790,000$706 / sqft
1600 SW 1st Ave # 707, Miami FL 33129
Listed
2
Bedrooms
3
Bathrooms
1,119 sqft
Interior
2016
Year built
$1,483 / mo
HOA
Condominium
Type
About this home
Wake up to sunrise over lush Simpson Park in this 2bed, 2.5bath plus den residence at Le Parc Brickell. This east facing home offers rare privacy with serene, unobstructed views of the protected tropical hardwood hammock—and a peek of Biscayne Bay—from the living area and both bedrooms. All impact windows and doors enhance quiet and security. Enjoy a 6ft deep glass balcony, European style kitchen and bath cabinetry, stainless steel appliances, porcelain floors, and glass enclosed showers. A boutique building of only 128 residences, steps from Brickell’s dining and shops yet sheltered by the park’s natural beauty. Amenities include pool, spa, fitness center, children’s playroom, rooftop sky lounge with Jacuzzi, clubroom, business lounge, pet friendly environment, plus WiFi, cable, water, and two assigned parking spaces.
Features
- Closet Cabinetry
- Den/Library/Office
- Open Balcony
- Bay
- Garden View
- Other View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- Ok To Lease
- Okay To Lease 1st Year
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 2-bed rentals in Brickell, from 200 active listings; the middle half ask $4,000–$6,200.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.