All listings
Active
Active1 / 32
Photo 1 of 32
2
Bedrooms
2
Bathrooms
1,175 sqft
Interior
1967
Year built
$1,040 / mo
HOA
Condominium
Type
About this home
Remodeled 2-bedroom, 2-bath condo in the desirable Villa Royal community of Miami Beach, just two blocks from the beach! This spacious 1,175 SF residence features a modern kitchen, and newer flooring. Enjoy a private balcony, assigned parking, secure lobby, elevator, and community pool. Ideally located near the beach, restaurants, shops, cafés, schools, and everyday conveniences. The building has reserves, and all assessments have been paid by the seller. Currently leased, offering an excellent opportunity for investors or buyers seeking a prime Miami Beach location. This property is part of a portfolio consisting of 11 available residential properties; please see the attachments for additional info.
Features
- Other
- Open Balcony
- Intracoastal View
- Water
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$2,658
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $1,618
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 $3,595–$9,500.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.