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Waterfront · Condominium
$695,000$586 / sqft
601 NE 27th St # 1001, Miami FL 33137
Listed
2
Bedrooms
2
Bathrooms
1,187 sqft
Interior
2016
Year built
$1,464 / mo
HOA
Condominium
Type
About this home
A different side of Edgewater. This impeccably maintained 10th-floor corner 2BD/2BA is filled with natural light and has an effortless, airy energy from the moment you walk in. Two private balconies capture both sunrise and golden-hour skies, while crisp white finishes and floor-to-ceiling glass give the home a fresh, distinctly Miami feel. Set within an ultra-boutique building tucked into a quiet pocket of Edgewater, this is an alternative to the neighborhood’s mega-towers: fewer residences, a more intimate atmosphere, and a sense of privacy that’s increasingly hard to find. Beautifully priced and positioned to sell, it’s an ideal lock-and-leave home for someone who wants the ease of condo living without the crowds: close the door, catch a flight, and come home to your own peaceful corner of Miami.
Features
- Fire Sprinklers
- Split Bedroom
- East Of Us1
- Open Balcony
- Bay
- Canal
- Water View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- No Daily Rentals
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.