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About this home
A South Beach condo that checks all the boxes. This 700 sq ft, 1 bedroom, 1.5 bath condo is perfectly located and in a quiet, well-maintained building with open balcony, large walk-in closet, Washer/Dryer in unit, and impact windows & doors. The secure building has covered parking, a pool, and additional laundry. The 40 year recertification is complete and association has reserves. Pets are allowed. Renting is allowed (no short term). Units rarely become available in this 32-unit boutique building, located in the quiet residential neighborhood of Bay Road & 16th Street, one block from the bay and Lincoln Rd, and within walking distance to Sunset Harbour, the West Ave Corridor, Trader Joe's, Fresh Market, the beach, & all of South Beach. No Assessments.
Features
- Closet Cabinetry
- Elevator
- Walk-In Closet(s)
- East Of Us1
- None
- Open Balcony
- 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
- $1,765
- HOA
- $567 / 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.