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0
Bedrooms
1
Bathrooms
503 sqft
Interior
2007
Year built
$608 / mo
HOA
Condominium
Type
About this home
Enjoy breathtaking Biscayne Bay and Miami skyline views from this spacious, light-filled studio at the highly desirable Opera Tower in Edgewater. Featuring floor-to-ceiling windows, ceramic tile flooring throughout, a modern kitchen with stainless steel appliances and granite countertops, and an expansive private balcony overlooking the bay and city. Includes one assigned, covered parking space. Ideal for end users and investors, with minimum 30-day rentals permitted from the first year, subject to association rules. HOA fees include water, cable TV, and Wi-Fi. Amenities include a fitness center, sauna, coworking space, clubroom, business center, 24-hour concierge and security, 24/7 valet parking, coffee shop, grocery store, and dry cleaning service. The pool, Jacuzzi, and BBQ area are undergoing renovations, with upgraded amenities expected by year-end, subject to change. Steps away, waterfront Margaret Pace Park offers tennis courts, sand volleyball, basketball courts, outdoor fitness facilities, scenic walking paths, picnic areas, and nearby kayak rentals. Enjoy a walkable neighborhood with restaurants, cafés, Publix, and Whole Foods Market nearby. Conveniently located near the Adrienne Arsht Center, shopping, and public transportation, with easy access to Downtown Miami, Brickell, Wynwood, Midtown, and Miami Beach. Experience spectacular waterfront views, resort-style living, investment flexibility, and Miami's vibrant urban lifestyle!
Features
- Lobby
- First Floor Entry
- Elevator
- Fire Sprinklers
- Walk-In Closet(s)
- East Of Us1
- Open Balcony
- Bay
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 studio rentals across Miami-Dade, from 200 active listings; the middle half ask $2,000–$3,000.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.