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0
Bedrooms
1
Bathrooms
400 sqft
Interior
1957
Year built
$461 / mo
HOA
Stock Cooperative
Type
About this home
This Beautifully furnished studio, located less than one block away from the beach, offers partial ocean views from the entryway and presents an excellent INCOME PRODUCING PROPERTY opportunity. Currently rented for $2000/Month. The unit is impeccably decorated and features a beautiful walk-in closet, an updated bathroom, and a modern kitchenette. All furnishings are included, making the property fully turnkey and ready for immediate use or rental. Ideal for investors or end users seeking flexibility, the property allows rentals with a minimum of 6 months and may be rented immediately after ownership. This creates strong potential for consistent rental income while also offering an enjoyable beachside lifestyle. Enjoy close proximity to the beach, nearby parks, and a wide variety of restaurants and cafés, all within walking distance. A rare opportunity to own a low-maintenance coastal property combining location, rental potential, and long-term value.
Features
- Second Floor Entry
- Built-in Features
- Pantry
- Walk-In Closet(s)
- East Of Us1
- Exterior Cat Walk
- Barbeque
- Ocean View
- Other View
- Water View
Leasing
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 studio rentals in Miami Beach, from 200 active listings; the middle half ask $1,700–$3,000.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.