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Waterfront · Condominium
$499,000$504 / sqft
1200 West Ave # 815, Miami Beach FL 33139
Listed
1
Bedrooms
2
Bathrooms
990 sqft
Interior
1965
Year built
$1,255 / mo
HOA
Condominium
Type
About this home
Beautifully renovated and move-in ready, this spacious 1-bedroom, 1.5-bath residence at Mirador 1200 offers nearly 1,000 square feet of comfortable living space. The bright, open layout features generous living and dining areas, abundant natural light, and stylish modern finishes throughout. Located in one of West Avenue's most desirable full-service bayfront buildings, Mirador 1200 offers resort-style amenities including a spectacular waterfront pool and Jacuzzi overlooking Biscayne Bay and the Miami skyline, state-of-the-art fitness center, BBQ area, valet parking, 24-hour security, and on-site convenience store. Ideally situated in the heart of South Beach, just moments from Whole Foods, Trader Joe's, Lincoln Road, Sunset Harbour, restaurants, shopping, parks, and the beach. All current special assessments have been paid in full by the seller, providing added value and peace of mind for the new owner. A fantastic opportunity to own a renovated, spacious residence in a premier waterfront building and experience the best of the Miami Beach lifestyle.
Features
- Interior Hall
- Fire Sprinklers
- Other
- East Of Us1
- Open Balcony
- Ocean View
- Other View
Leasing
- Minimum lease
- 180 days
- Leases permitted per 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 1-bed rentals in Miami Beach, from 200 active listings; the middle half ask $2,350–$4,500.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.