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2
Bedrooms
2
Bathrooms
1,048 sqft
Interior
2007
Year built
$1,267 / mo
HOA
Condominium
Type
About this home
INVESTOR’S DREAM in the heart of Edgewater! Exceptional rental flexibility with a 30-day minimum and up to 12 leases annually offers the ability to capitalize on Miami’s strong seasonal and short-term rental demand while retaining the versatility of a luxury residence for personal use. With soaring 10-foot ceilings, this 18th-floor corner 2-bedroom, 2-bath residence features an open-concept layout filled with natural light from panoramic floor-to-ceiling impact windows. An expansive wraparound terrace extends the living space outdoors and captures elevated city and neighborhood views. The kitchen features sleek granite countertops and stainless steel appliances, while an in-unit washer and dryer and one assigned parking space provide everyday convenience. Residents enjoy resort-style amenities including a fitness center, spa, sauna, BBQ area, 24-hour attended lobby and security, valet service, on-site convenience store, and dry-cleaning services. The recreation deck has recently been updated, and the Olympic-size pool is currently completing renovations. Positioned directly across from Margaret Pace Park, the building offers access to the waterfront, tennis and basketball courts, dog parks, and expansive green space. Edgewater’s growing collection of restaurants and cafés is right outside your door, with Wynwood, the Miami Design District, Brickell, and South Beach just minutes away. The Arsht Center, Pérez Art Museum Miami and Kaseya Center are also moments away.
Features
- Fire Sprinklers
- Open Balcony
- Skyline
Leasing
- Minimum lease
- 30 days
- Leases permitted per year
- 12
- No Daily Rentals
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 across Miami-Dade, from 200 active listings; the middle half ask $2,300–$5,569.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.