PendingPhoto 1 of 26
About this home
Estate sale-fantastic South of 5th Street One bedroom 2 blocks to the ocean. (Owner must be 55 years or older, pay cash and no renting is allowed). Completely updated and furnished- move right in. Beautiful unit with fully equipped open kitchen w/granite countertops, gas range, microwave and dishwasher. Spacious living room with great office area and tile floors throughout. Modern bathroom with fully tiled shower. Large bedroom with great closet space, and in-unit laundry. Adorable garden-style building with elevator, great outdoor space and parking (via waiting list with full-time residents getting priority). This is the perfect South Beach vacation home or residence in the most desirable neighborhood at an amazing price!
Features
- First Floor Entry
- Closet Cabinetry
- Courtyard
- Garden View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $1,138
- HOA
- $683 / mo
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, 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. 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.