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Waterfront · Condominium
$850,000$1,095 / sqft
520 West Ave # 1203, Miami Beach FL 33139
Listed
1
Bedrooms
1
Bathrooms
776 sqft
Interior
2004
Year built
$1,558 / mo
HOA
Condominium
Type
About this home
Residence 1203 at the iconic Bentley Bay offers a refined waterfront lifestyle in one of Miami Beach’s most desirable bayfront enclaves. This thoughtfully designed residence features a bright, open layout with floor-to-ceiling windows showcasing sweeping Biscayne Bay views. Spacious living and dining areas flow seamlessly to a private balcony, perfect for enjoying breathtaking sunsets. A sleek modern kitchen features contemporary cabinetry and premium appliances, while the spacious primary suite offers a serene retreat with generous closet space. The well-appointed bath is generously sized with a separate tub and shower. Residents of Bentley Bay enjoy full-service amenities including a bayfront pool, fitness center, valet, and 24-hour concierge. Ideally located just minutes from Sunset Harbour, Lincoln Road, and the beach, this residence offers both tranquility and access to Miami Beach’s top dining, shopping, and lifestyle destinations.
Features
- Lobby
- Fire Sprinklers
- Other
- Walk-In Closet(s)
- Open Balcony
- Bay
- Skyline
- Water View
Leasing
- Minimum lease
- 90 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 1-bed rentals in Miami Beach, from 200 active listings; the middle half ask $2,300–$3,900.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.