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Waterfront · Condominium
$300,000$438 / sqft
234 NE 3rd Street # 1403, Miami FL 33132
Listed
1
Bedrooms
1
Bathrooms
685 sqft
Interior
2005
Year built
$806 / mo
HOA
Condominium
Type
About this home
Downtown Miami living, done right, frames west-facing city and skyline views through soaring ceilings, with white cabinetry, granite counters, stainless steel appliances, and polished concrete floors underfoot. Hurricane impact windows and an in-unit washer/dryer round out a true turnkey unit. Owner-occupied and meticulously maintained. The building's 30-day minimum rental policy lets an investor turn this unit over up to 12 times a year, all within a pet-friendly, secure community. Amenities include a plunge pool with thermal waterfall, a club room with billiards, sauna, fitness center, and 24/7 concierge. Step outside to Bayside Marketplace, Bayfront Park, the Kaseya Center, and the Brightline station. Own where the city never stops moving, and watch the sunset do the same.
Features
- Lobby
- Other
- Volume Ceilings
- Open Balcony
Leasing
- Minimum lease
- Not stated
- Daily Rentals Allowed
- Ok To Lease With Res
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 across Miami-Dade, from 200 active listings; the middle half ask $1,950–$3,495.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.