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4
Bedrooms
4
Bathrooms
2,909 sqft
Interior
2026
Year built
$4,014 / mo
HOA
Condominium
Type
About this home
Discover the best-priced luxury boutique new development in exclusive Bay Harbor Islands. MILA, designed by renowned architect Kobi Karp, is an intimate collection of just 9 signature residences offering exceptional privacy, sophisticated design, and outstanding value. With only 1–2 residences per floor, MILA offers private elevator entry, expansive living spaces, and generous terraces with beautiful sunset and city views. Refined finishes include Miele appliances, Snaidero kitchens and vanities, TOTO toilets, and Graff plumbing fixtures. Ideally positioned on a quiet interior street just minutes from Bal Harbour Shops, Surfside Beach, parks, world-class dining, and top-rated schools. Residents enjoy a secure smart-access lobby and exceptional rooftop amenities featuring a resort-style pool, wellness areas, and summer kitchens. A rare opportunity to own brand-new luxury construction in one of Miami’s most exclusive low-rise island communities. Private presentations available by appointment.
Features
- First Floor Entry
- Elevator
- Shabbat Elevator
- Walk-In Closet(s)
- Other View
Leasing
- Minimum lease
- 90 days
- Leases permitted per year
- 4
- 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.
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 4-bed rentals across Miami-Dade, from 118 active listings; the middle half ask $15,900–$37,000.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.