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Condominium
$198,000$374 / sqft
500 14th St # 203, Miami Beach FL 33139
Listed
1
Bedrooms
1
Bathrooms
530 sqft
Interior
1939
Year built
$889 / mo
HOA
Condominium
Type
About this home
The apartment 203 at 500 14th Street is a well-appointed residence ideally located in the heart of Miami Beach. Offered fully furnished, the apartment provides a comfortable and functional living space and represents an excellent opportunity for those looking for a primary residence, second home or investment property in one of South Beach’s most convenient locations. The condominium features a spacious common laundry facility, where the unit also benefits from its own dedicated locked storage space, providing additional convenience for storing laundry supplies. Ideally positioned in a highly walkable area, the property is just minutes from Lincoln Road, Española Way, the beach, restaurants, cafés, shops, markets and everything South Beach has to offer. Combining a central location, furnished interiors and everyday convenience, Residence 203 offers an attractive opportunity to own a property in the heart of Miami Beach.
Features
- Second Floor Entry
- None
- Other View
Leasing
- Minimum lease
- 181 days
- Leases permitted per year
- 2
- No Daily Rentals
- Ok To Lease
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 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.