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Waterfront · Condominium
$899,000$726 / sqft
11 Island Ave # 1708, Miami Beach FL 33139
Listed
2
Bedrooms
2
Bathrooms
1,238 sqft
Interior
1972
Year built
$1,754 / mo
HOA
Condominium
Type
About this home
Beautifully maintained 2-bedroom, 2-bath residence at Costa Brava on Belle Isle, offering sweeping bay and skyline views from a private balcony. The unit includes a dedicated parking space and access to exceptional amenities, including a heated waterfront pool, fitness center, rooftop terrace with panoramic 360° views, bike storage, community room, vehicle wash area, on-site EV charging stations, and pet area. Well-positioned within the building and attractively priced, this residence presents a compelling opportunity to move right in or reimagine the space to suit your vision. Ideally located just moments from Sunset Harbour's acclaimed dining, shopping, and parks, with convenient access to South Beach, Downtown Miami, and Brickell. Special assessment fee of $80,000 must be paid by the buyer upon closing
Features
- First Floor Entry
- Open Balcony
- Bay
- Skyline
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- No Daily Rentals
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.
Location
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.