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Waterfront · Condominium
$250,000$326 / sqft
1800 NW 24th Ave # 1007, Miami FL 33125
Listed
2
Bedrooms
2
Bathrooms
767 sqft
Interior
1974
Year built
$548 / mo
HOA
Condominium
Type
About this home
Location, location, location! A fantastic opportunity to live in and enjoy this top-floor apartment in the waterfront high-rise, Isla del Mar Condominium. It features 2 bedrooms, 1.5 bathrooms, impact-resistant doors and windows, and stainless steel appliances. Don’t miss out—it’s move-in ready and waiting for you! Step out onto the spacious balcony to take in the beautiful city view, or enjoy the outdoors along the expansive walkway that borders the Miami River. If you have children, you’ll also be right across from a park. The property is conveniently located near major avenues—17th and 27th—providing easy access to expressways like the 836 and I-95, ensuring you can reach your destination quickly. On weekends, you’ll save valuable time thanks to the proximity to Brickell, Miami Beach, Wynwood, and various shopping centers. Additionally, it is close to major medical facilities, including Jackson Memorial Hospital, the University of Miami Hospital, and the Bascom Palmer Eye Institute. Don’t miss this chance—come see it for yourself! In short, it’s an excellent opportunity—whether for your own residence or as an investment.
Features
- Elevator
- Walk-In Closet(s)
- Other
- Open Balcony
- Other View
- Pool Area View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- Ok To Lease
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 across Miami-Dade, from 200 active listings; the middle half ask $2,300–$5,569.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.