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Listed
A rare opportunity on prestigious North Bay Road, one of Miami Beach’s most sought-after residential addresses. Privately set on a lush non-waterfront lot in coveted Mid-Beach, this light-filled single-story mid-century residence blends timeless architecture with thoughtfully updated interiors and effortless indoor-outdoor living. Wide-plank white oak floors flow throughout the main living areas, creating a warm and inviting atmosphere. At the heart of the home, the designer kitchen features a generous quartz-topped island, classic white shaker cabinetry with elegant brass hardware, and a striking blue AGA range. The adjoining great room and dedicated dining area are bathed in natural light through hurricane-impact windows, while a custom media wall anchors the spacious living area. The well-designed floor plan offers a tranquil primary suite, two additional bedrooms, a garden-facing office, and a versatile additional room with an en-suite bathroom, providing exceptional flexibility for guests, a home gym, media room, or additional workspace. Recent improvements include a new concrete tile roof (2019), hurricane-impact windows (2024), and a custom bronze aluminum gate and fence (2024). Ideally located near South Beach, Bal Harbour Shops, Mount Sinai Medical Center, houses of worship, and zoned for highly rated North Beach Elementary School. Square footage per Miami-Dade County Property Appraiser: 2,417 square feet of living area.
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 3-bed rentals in Miami Beach, from 20 active listings; the middle half ask $6,900–$17,500.That is what landlords ask, not what units let for — edit it if you know better.
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.
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.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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