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Stylish 1947 Art Deco townhouse-style condo in a landmarked enclave on Normandy Isle, Miami Beach. This bright two-level 1-bed, 1-bath home pairs original character, including a wrought-iron staircase, a curved wall detail, a porthole-style bathroom window, Chilean stone floors downstairs and wood floors up, with recent upgrades: hurricane impact windows (2022), new roof (2023), new water heater (2024), and new central AC unit (2026). Bosch oven and dishwasher, Toto toilet, in-unit GE front-load washer, Google smart lock, and Nest thermostat. Private balcony overlooking the pool, private garden entrance, and a secure, intimate community of five buildings set between the street and the bay, with a waterfront deck. Rentals permitted once per year, 6-month minimum.
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.
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–$3,850.That is what landlords ask, not what units let for — edit it if you know better.
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.
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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