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Waterfront · Condominium
$3,000,000$1,471 / sqft
300 S Pointe Dr # 1504, Miami Beach FL 33139
Listed
2
Bedrooms
3
Bathrooms
2,040 sqft
Interior
1996
Year built
$3,941 / mo
HOA
Condominium
Type
About this home
Experience the epitome of luxury living in this spacious and open 2 BEDROOM + DEN flow-through residence at Portofino Tower in the world renowned South of Fifth neighborhood. Spanning over 2,000 SqFt, this thoughtfully reimagined floor plan eliminates wasted space, offering breathtaking views of the Government Cut with yachts a cruise ships parading past the residence, Biscayne Bay, Fisher Island, and South Beach from every angle. Revel in stunning sunsets over the water and skyline each evening from two separate terraces. Situated just steps from the beach, beautiful waterfront South Pointe Park, baywalk, marina, and world-class restaurants and shopping, this is South of Fifth living at its finest! Portofino has a new lobby with 40 foot ceilings, new elevators, 2 new pools with jacuzzis and cabanas, tennis/pickleball/basketball courts, dog parks & a stunning gym/spa on the 29th floor with endless views! Full service building with 24/7 valet, security, concierge and more!
Features
- First Floor Entry
- Closet Cabinetry
- Cooking Island
- Fire Sprinklers
- Walk-In Closet(s)
- Den/Library/Office
- East Of Us1
- Barbeque
- Courtyard
- Tennis Court(s)
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 in Miami Beach, from 200 active listings; the middle half ask $3,600–$10,000.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.