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Waterfront · Condominium
$1,100,000$898 / sqft
650 West Ave # 709, Miami Beach FL 33139
Listed
2
Bedrooms
2
Bathrooms
1,225 sqft
Interior
1997
Year built
$1,581 / mo
HOA
Condominium
Type
About this home
Beautifully renovated 2-bedroom, 2-bath residence at The Floridian with direct views of Biscayne Bay and the Miami skyline. The bright, open living and dining area opens to a private waterfront balcony, while both bedroom suites enjoy impressive bay and skyline views. The residence has been thoughtfully renovated throughout with a modern kitchen, beautifully finished bathrooms and a clean, contemporary design. The Floridian is one of South Beach’s premier bayfront buildings, offering two bayfront pools, a fitness center and spa, tennis court, concierge, valet, security, gourmet market and salon. Ideally located on West Avenue across from Canopy Park, with easy access to the best of Miami Beach.
Features
- Interior Hall
- First Floor Entry
- Elevator
- Other
- Walk-In Closet(s)
- Barbeque
- Open Balcony
- Tennis Court(s)
- Bay
- Intracoastal View
- Pool Area View
- Skyline
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–$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.