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2
Bedrooms
2
Bathrooms
1,095 sqft
Interior
1973
Year built
$940 / mo
HOA
Condominium
Type
About this home
This 2 bedroom, 2 bath Miami Shores Condo is just a few minutes to the beach in one direction and I-95 in the other. Restaurants, shopping, fishing, boating, all nearby. There is a huge balcony with access from both bedrooms through sliding glass doors and windows with lots of natural light. The building has been updated as well with new elevators, updated pool equipment, FOB and tele-entry to lobby for security. Each floor has a laundry room and this unit has one just a few steps from the front door. 1 assigned parking space and several visitor spots. Rental rules are as follows: must be owner occupied for 18 months and no more than 10% of the units rented.
Features
- Second Floor Entry
- East Of Us1
- Open Balcony
- Other View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- 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
Approximate — shows the building, not the unit.
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 across Miami-Dade, from 200 active listings; the middle half ask $2,350–$5,750.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.