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Listed
A rare offering at The Netherlands, a landmark Art Deco residence on Miami Beach’s celebrated Ocean Drive. This beautifully renovated two-bedroom, two-bath home unfolds across two levels, creating a distinctive sense of space and privacy. The upper level is the heart of the residence, where the open living and dining areas and sleek modern kitchen are bathed in natural light and enjoy direct ocean views across Lummus Park to the Atlantic. Also on this level, the private principal suite features an en-suite bath, thoughtfully separated from the second bedroom below. High ceilings and an open layout further enhance the sense of space and light. The contemporary kitchen features quartz countertops, while additional conveniences include an in-unit washer and dryer, designated P1 parking, furnishings included in the sale, and access to the building’s fitness room. With residences at The Netherland rarely offered for sale, R5D presents an exceptional opportunity to own a distinctive piece of Ocean Drive architecture directly across from the beach. Short-term rentals are permitted, including Airbnb and VRBO, offering flexibility for personal use or investment.
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
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 in Miami Beach, from 200 active listings; the middle half ask $3,600–$10,000.That is what landlords ask, not what units let for — edit it if you know better.
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.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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