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1
Bedrooms
2
Bathrooms
761 sqft
Interior
2005
Year built
$1,081 / mo
HOA
Condominium
Type
About this home
Spectacular, direct bay and ocean views from this highly desirable unit at the iconic Blue Condominium! This waterfront gem features tile floors throughout, a modern kitchen with granite countertops and stainless steel appliances, plus an in-unit washer and dryer. The spacious master suite boasts a walk-in closet, window blinds, and a luxurious marble bath with a large soaking tub and dual sinks. A convenient half-bath is perfect for entertaining. The unit includes 1 assigned parking space (guests must valet) and a dedicated storage room. Enjoy 5-star, resort-style amenities: 24-hour concierge, excellent onsite management, 2 pools, a state-of-the-art gym, sauna, movie theater, billiards room, business center, computer room, and a BBQ area. Prime East Edgewater location steps from Midtown, the Design District, and immediate bridge access to Miami Beach. A sleek lobby update is coming soon to elevate the building's aesthetic even further. Huge financial perk: NO special assessments! Experience the ultimate Miami waterfront lifestyle.
Features
- Interior Hall
- Lobby
- Elevator
- Roman Tub
- Walk-In Closet(s)
- Utility Room/Laundry
- Open Balcony
- Bay
- Ocean View
- Direct Ocean
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 across Miami-Dade, from 200 active listings; the middle half ask $2,050–$3,800.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.