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Listed
Build your dream new home in the iconic Miami Modern (MiMo) Historic District along Biscayne Boulevard. Originally built in 1923, this property combines timeless architectural charm with exceptional modern development potential. The interior design and construction are fully customizable, tailored to the lifestyle, preferences, and functional needs of the future owner.With a modern design and luxury finishes, the property is strategically located near the Design District, in an area with strong appreciation and transformation potential. Surrounded by established neighborhoods, it is close to Morningside, the Magic City Innovation District, and Little Haiti—a prime location in the heart of Miami’s ongoing urban evolution. 1) As is:1,200,000 lot 8,908 sf 2) New Construction 4,082 sf living, Lot 8,908 sf, Luxury Single-Family homes,4 Bed, 4 Bath, Pool, to be built in the next 12 months.3) Built to suit Home, Lot 8,908 Sf. 10-year Property Tax Exception. No Flood Insurance, no Hoa.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
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 4-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,800–$9,500.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.
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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