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Pending
Waterfront · Condominium
$1,199,000$855 / sqft

20 Island Ave # 1401, Miami Beach FL 33139

2
Bedrooms
2
Bathrooms
1,403 sqft
Interior
1962
Year built
$1,470 / mo
HOA
Condominium
Type

About this home

Rarely available, this high-floor prime corner residence offers sweeping views, abundant natural light, and refined contemporary design. This beautifully renovated 2-bedroom, 2-bath home features sophisticated high-end finishes throughout. Enjoy Bay and park views from your private balcony overlooking Belle Isle Park. Perfectly positioned in the heart of Miami Beach, Unit 1401 is minutes away from Sunset Harbour’s acclaimed dining, boutique shopping, wellness studios, and vibrant nightlife. Luxury, location, and lifestyle come together at this exceptional Belle Isle iconic waterfront address. Belle Plaza, a true waterfront MIMO gem, designed by acclaimed architect T.Trip Russell offers resort-style amenities including a heated bayfront pool, fitness center, valet, and 24-hour security.

Features

  • Built-in Features
  • Closet Cabinetry
  • Cooking Island
  • Walk-In Closet(s)
  • Open Balcony
  • Bay
  • Other View
  • Skyline
  • Water View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$7,533

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

Principal & interest
$6,063
HOA
$1,470 / 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
Compass Florida, 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.