1600 NE 1st Ave # 2405, Miami FL 33132
About this home
Experience stunning water views from this oversized 1 Bedroom + DEN, 1.5 Bathroom residence in the heart of Miami, offering unbeatable access to major highways, dining, shopping, and entertainment. Qualified buyers may purchase with as little as 3% DOWN, and the building features FULL RESERVES. HOA covers nearly everything for effortless living. Enjoy over 30,000 SQ FT of luxury resort-style amenities including 3 spectacular pools, jacuzzi, 3,000 SQ FT state-of-the-art fitness center, spa, sauna & treatment rooms, racquetball court, theater, social lounge, 24/7 indoor & outdoor security, concierge, on-site management, self-parking, and valet service. Incredible value in a prime location — motivated seller!
Features
- First Floor Entry
- Fire Sprinklers
- Den/Library/Office
- Open Balcony
- Bay
- Water View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $2,554
- HOA
- $893 / 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.
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.
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.