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Waterfront · Condominium
$289,000$228 / sqft
4000 Towerside Ter # 1509, Miami FL 33138
Listed
2
Bedrooms
2
Bathrooms
1,268 sqft
Interior
1982
Year built
$1,629 / mo
HOA
Condominium
Type
About this home
Priced to sell! Beautifully upgraded 15th-floor split 2BD/2BA offering an ideal layout for privacy and comfort. Features wood-look flooring throughout, a modern kitchen with quartz countertops, and floor-to-ceiling windows showcasing serene water and lush garden views, filling the home with natural light. Located within the exclusive 34-acre gated waterfront community of The Towers of Quayside, this residence offers a true resort-style lifestyle. Monthly maintenance includes internet, cable, water, and full access to the spa. Residents enjoy 8 tennis courts, pickleball, a full-service spa, state-of-the-art fitness center, multiple heated pools, marina with private restaurant, spa café, 24/7 security, and daily classes including yoga, spinning, aqua aerobics, Tai Chi, and more. Quayside is one of Miami’s best-kept secrets, an urban sanctuary where comfort, elegance, and community come together.
Features
- Split Bedroom
- Walk-In Closet(s)
- East Of Us1
- Open Balcony
- Tennis Court(s)
- Bay
- Club Area View
- Intracoastal View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
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 across Miami-Dade, from 200 active listings; the middle half ask $2,300–$5,569.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.