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Waterfront · Condominium
$1,499,900$1,439 / sqft
400 S Pointe Dr # 1805, Miami Beach FL 33139
Listed
2
Bedrooms
2
Bathrooms
1,042 sqft
Interior
1987
Year built
$2,012 / mo
HOA
Condominium
Type
About this home
Welcome to this exquisite 2BD/2BA unit with unobstructed, unforgettable water & skyline views at South Pointe Towers! Located in one of Miami Beach's most sought-after neighborhoods, "South of Fifth", this unit is a rare find with TWO assigned & covered parking spaces, renovated interiors throughout, impact windows & doors, stainless steel appliances, automatic shades in every room, washer/dryer inside, and fully finished closets & pantry. Sit out on the spacious balcony and soak in stunning views of Government Cut, South Pointe Park, and the dazzling Miami skyline! South Pointe Towers provides a full-service lifestyle with 24-hr security & valet combined combined with resort-style amenities such as 2 swimming pools, a fitness center, tennis/basketball courts, a media room and much more!
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Open Balcony
- Bay
- Skyline
- Water View
Leasing
- Minimum lease
- 120 days
- Leases permitted per year
- 3
- Okay To Lease 1st Year
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 $3,600–$10,000.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.