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Waterfront · Condominium
$585,000$505 / sqft

601 NE 36th St # 2707, Miami FL 33137

2
Bedrooms
3
Bathrooms
1,158 sqft
Interior
2006
Year built
$1,645 / mo
HOA
Condominium
Type

About this home

Experience 5-star resort living with breathtaking ocean views at Blue Condo. This spacious 2-bedroom, 2.5-bath residence offers stunning panoramic views from both the primary bedroom and living area, enhanced by floor-to-ceiling glass that fills the space with natural light. The unit includes two parking spaces (one assigned and one valet) as well as a private storage unit, and features a new AC system. The recently renovated lobby adds to the building’s appeal and long-term value. Enjoy an impressive array of resort-style amenities, including two pools with sundeck, three hot tubs, a state-of-the-art fitness center, yoga and cycling studios, sauna, BBQ area, business center, movie theater, children’s playroom, game room, pet park, 24/7 security, valet service, and a 24-hour convenience store. Blue Condo allows short-term rentals (minimum 90 days, up to 4 times per year), making it an excellent option for part-time owners seeking both personal use and seasonal rental income. Ideally located near Midtown, the Design District, Wynwood, Miami Beach, and Miami International Airport, this property offers the perfect balance of lifestyle and investment opportunity.

Features

  • First Floor Entry
  • Other
  • Pantry
  • Walk-In Closet(s)
  • Barbeque
  • Courtyard
  • Ocean View
  • Pool Area View
  • Water View

Estimated loan & HOA

$4,603

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$2,958
HOA
$1,645 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
LPT Realty, LLC

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.