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Condominium at 650 West Ave, Miami Beach FL 33139Active
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Waterfront · Condominium
$2,999,999$2,060 / sqft

650 West Ave, Miami Beach FL 33139

2
Bedrooms
3
Bathrooms
1,456 sqft
Interior
1997
Year built
$2,042 / mo
HOA
Condominium
Type

About this home

Rare penthouse opportunity in The Floridian’s signature rooftop-terrace line — one of only 4 with a terrace over 1,100 sq ft and one of only 2 with direct bay exposure. Uninterrupted bay and skyline views, spectacular sunsets, seamless indoor/outdoor flow, designer finishes and impact windows. Your 1,100+ sq ft terrace functions as an outdoor living room, dining area and lounge above the city — a true entertainer’s canvas. Located in one of Miami Beach’s most coveted pockets: walk to Whole Foods, South of Fifth, South Pointe Park and the forthcoming pedestrian bridge linking West Ave to the Baywalk (est. 2026). Resort-style amenities include dual bayfront pools, tennis, spa, yoga & Pilates studio, full cardio/weight suite, BBQ terraces, valet and a 24-hour attended lobby.

Features

  • Closet Cabinetry
  • Walk-In Closet(s)
  • Open Balcony
  • Bay
  • Direct Ocean
  • Skyline

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$17,212

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$15,170
HOA
$2,042 / 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.

Courtesy of
Discolo Real Estate, Inc.

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.

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 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.