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2
Bedrooms
2
Bathrooms
1,030 sqft
Interior
2002
Year built
$1,260 / mo
HOA
Condominium
Type
About this home
Corner-unit sunsets over Shenandoah, on the Coral Way Corridor. This renovated 1,030 sq ft residence with two covered assigned parking spaces sits less than a 10-minute drive from Brickell, Coconut Grove, and Coral Gables, without their price tag. Two spacious bedrooms, two bathrooms, and a generous primary suite create a layout built for real living. New AC, floors, kitchen, and appliances mean the big-ticket items are already done. Two oversized west-facing balconies catch the sunset every night, offering a private outdoor retreat above the city. The building sits just off Coral Way, a tree-lined stretch of restaurants, shops, and bars, with The Underline's linear park and trail and several neighborhood dog parks nearby. In-unit washer and dryer and abundant storage round out the unit. Building amenities include a fitness center, party room, game room, and an onsite property manager. Priced under $500K with two covered parking spaces, this combination is hard to find together anywhere near this price point. Shenandoah is Miami's best-kept secret, and this unit is worth seeing first.
Features
- First Floor Entry
- Other
- Open Balcony
- Other View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- Ok To Lease
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.
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–$5,750.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.