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Waterfront · Condominium
$425,000$847 / sqft
2421 Lake Pancoast Dr # 3B, Miami Beach FL 33140
Listed
0
Bedrooms
1
Bathrooms
502 sqft
Interior
1936
Year built
$705 / mo
HOA
Condominium
Type
About this home
Across from the ocean in adorable tree-lined neighborhood. Rare offering: spectacular corner unit in famous Helen Mar Condo. Gorgeous updated oversized studio. Bright & sunny with 10ft ceilings, tile floors, updated kitchen with stainless steel appliances, modern bath with glass shower, spacious living area with decorative fireplace, large closet, & washer/dryer in unit. Furnishings included. Building has a dedicated parking lot, beautiful lush gardens with pool & BBQ area and is in the perfect location- cross the footbridge to the ocean or stroll to Lincoln Road in minutes. Lease in place for 12 months.
Features
- Interior Hall
- Closet Cabinetry
- Volume Ceilings
- Walk-In Closet(s)
- Studio Apartment
- Barbeque
- Garden View
- Pool Area View
- Water View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 1
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 studio rentals in Miami Beach, from 200 active listings; the middle half ask $1,880–$3,300.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.