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Active
Condominium
$2,895,000$1,212 / sqft

9 Island Ave # 514, Miami Beach FL 33139

3
Bedrooms
3
Bathrooms
2,388 sqft
Interior
1981
Year built
None
HOA
Condominium
Type

About this home

The largest floor plan below penthouse level at 9 Island Avenue. Fully renovated and reimagined, this turnkey 3-bedroom + den, 3-bath residence offers 2,388 SF of sophisticated interiors with curated Italian and Brazilian furnishings included. Enjoy serene north-facing views of Belle Isle Park and the surrounding waterways. Features include a chef’s kitchen, ample storage, impact windows, full-size washer/dryer, and a flexible layout ideal for entertaining or families. 9 Island is a full-service, resort-style building on 5 acres with newly updated amenities: pool deck (ongoing), tennis courts, gym, children’s playroom, restaurant, marina, and more. Vacant and ready for immediate occupancy.

Features

  • First Floor Entry
  • Built-in Features
  • Closet Cabinetry
  • Cooking Island
  • Den/Library/Office
  • Great Room
  • Maid/In-Law Quarters
  • Media Room
  • East Of Us1
  • Open Balcony
  • Tennis Court(s)
  • Bay
  • Skyline
  • Water View

Estimated loan & HOA

$14,639

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$14,639
HOA
None

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.

Courtesy of
One Sotheby's International Realty

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.

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 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.