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Condominium
$318,000$628 / sqft
1840 James Ave # 13, Miami Beach FL 33139
Listed
1
Bedrooms
1
Bathrooms
506 sqft
Interior
1952
Year built
$590 / mo
HOA
Condominium
Type
About this home
This is the best 1 bedroom condo you will find in the hottest and most desirable area of Miami Beach and below $400K. Listing size is wrong as the apartment is aprox 700 Sqft. Immaculate updated condo in the best area of South Beach and in one of the most desirable building as is Sherita apartments, a Miami Modern (MIMO) architectural landmark. This huge one bedroom is large enough to be a two bedrooms. Inside you have new wood floors, Updated bathroom/Kitchen, central A/C, and impact windows. Furniture, art and accessories could be included. Building just passed city recertification, have new roof and was freshly painted 3 months ago. No special assessment and low condo fee. Exceptional location! Just a stone's throw away from the beach, the Convention Center, and a mere two blocks from Lincoln Road. maintenance fee include cable, internet, and gas. Easy to show.
Features
- First Floor Entry
- East Of Us1
- Courtyard
- Garden View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- Ok To Lease
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
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 1-bed rentals in Miami Beach, from 200 active listings; the middle half ask $2,350–$4,500.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.