All listings
Active
Active1 / 14
Photo 1 of 14
Waterfront · Condominium
$263,000$424 / sqft
8550 Byron Ave # 2H, Miami Beach FL 33141
Listed
1
Bedrooms
1
Bathrooms
620 sqft
Interior
1950
Year built
$497 / mo
HOA
Condominium
Type
About this home
Enjoy coastal living in this beautifully remodeled 1-bedroom, 1-bathroom residence, ideally located in a waterfront condominium in Miami Beach. This move-in-ready unit features modern finishes throughout and the convenience of an in-unit washer and dryer. Step outside and enjoy the community’s beautiful pool area overlooking the tranquil canal, creating the perfect setting to relax and unwind. The property offers a very low monthly maintenance fee, Hurrican Proof Windows , making it an attractive option for homeowners seeking affordability and value. Please note that rentals are not permitted during the first year of ownership. Convenient street parking is available. A wonderful opportunity to enjoy the Miami Beach lifestyle in a beautifully updated home with waterfront charm and exceptional value!
Features
- Second Floor Entry
- East Of Us1
- Other View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- No Lease-1st Year Owned
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
Approximate — shows the building, not the unit.
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 1-bed rentals in Miami Beach, from 200 active listings; the middle half ask $2,300–$3,850.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.