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Condominium
$829,000$785 / sqft
2020 Prairie Ave # 404, Miami Beach FL 33139
Listed
2
Bedrooms
2
Bathrooms
1,056 sqft
Interior
2008
Year built
$895 / mo
HOA
Condominium
Type
About this home
Rarely available corner residence with floor to ceilings windows and golf course views. This architect-renovated 2-bedroom, 2-bath home features one of the most coveted floor plans in the building, with soaring ceilings and floor-to-ceiling windows that fill every room with natural light. The residence is one of just 20 in an intimate, modern boutique building designed by acclaimed architects Behar Font, offering a private pool and secured access. Tucked into a quiet residential neighborhood of single-family homes, it puts you within a short walk of the beach, Lincoln Road, and the Miami Beach Botanical Garden. Enjoy calm, leafy surroundings with the best of Miami Beach right at your doorstep. Low HOA fees.
Features
- Other
- Other View
Leasing
- Minimum lease
- 180 days
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.
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$5,087
Loan payment and HOA only. Property tax and insurance are significant here and are included.
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 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.
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.