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Waterfront · Condominium
$1,549,000$1,487 / sqft
400 S Pointe Dr # 2106, Miami Beach FL 33139
Listed
2
Bedrooms
2
Bathrooms
1,042 sqft
Interior
1987
Year built
$2,012 / mo
HOA
Condominium
Type
About this home
Beautifully renovated ocean-view residence in Miami Beach’s coveted South of Fifth neighborhood. A thoughtfully redesigned floor plan showcases sweeping, panoramic ocean views while maximizing natural light and living space. Contemporary design and refined finishes create an inviting blend of sophistication, comfort, and effortless coastal living. The open layout features a spacious living room, an eat-in kitchen, and a dedicated dining area, ideal for entertaining or relaxing at home. A rare, oversized terrace offers the perfect setting to enjoy breathtaking ocean views and the Miami Beach lifestyle. The full-service luxury building features two newly renovated pools, jacuzzis, a state-of-the-art fitness center, sauna, tennis, pickleball and basketball courts, BBQ areas, covered parking, a children’s playground, 24-hour security, valet, and more. Just moments from the beach, marina, waterfront parks, and some of Miami’s finest restaurants, this residence offers the best of South of Fifth living. Building just completed a multi-year renovation, fully paid for by sellers. Easy to show!
Features
- Built-in Features
- Ocean View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- Okay To Lease 1st Year
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
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 Miami Beach, from 200 active listings; the middle half ask $3,600–$10,000.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.