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Waterfront · Condominium
$3,999,900$1,017 / sqft
1040 Biscayne Boulevard # 4202, Miami FL 33132
Listed
3
Bedrooms
3,932 sqft
Interior
2007
Year built
$6,375 / mo
HOA
Condominium
Type
About this home
A legacy address, reimagined on your terms available now. This rare triplex at Ten Museum Park offers three private levels within one of Park West's most established boutique towers, only 200 residences, a scale new construction will never replicate at this price. White-glove service, from valet to beach club access, delivers quiet exclusivity without compromise. Comparable residences here trade at $5M-$6M, positioning this trophy opportunity as a rare entry point into one of Miami's most land-constrained Bayfront corridors. As Miami's skyline rises, boutique, low-density buildings like this only grow scarcer, a natural hedge for your investment as the market matures around you. Move in as-is, or customize to your vision. Serious inquiries: reach out directly to arrange a private showing.
Features
- Lobby
- Built-in Features
- Cooking Island
- Pantry
- Volume Ceilings
- Walk-In Closet(s)
- None
- Open Balcony
- Other
- Bay
- Water
- Bay View
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 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,900–$12,000.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.