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2
Bedrooms
2
Bathrooms
914 sqft
Interior
1989
Year built
$1,050 / mo
HOA
Condominium
Type
About this home
The Madison!! Modern & Spacious split 2/2 bedroom corner unit in a gated & very secured building right in the heart of Downtown Miami. Enjoy an array of resort-style amenities including a clubhouse, fitness center, tennis & volleyball courts, a billiards & card room, scenic walking/jogging paths, swimming pool, hot tub, outdoor grilling and 24/7 security. Ideally situated just steps from the Metro Mover & Brightline station, throughout the city effortless. You're just blocks away from the vibrant Miami World Center offering premier dining, shopping, and entertainment options. Nearby attractions include the Adrienne Arsht Center and more.
Features
- First Floor Entry
- Split Bedroom
- Other
- Open Balcony
- Other View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- Daily Rentals Allowed
- Okay To Lease 1st Year
The leasing terms stated for this listing contradict each other. They all come from one MLS record and none of them overrides another — confirm with the association before relying on any of them.
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 across Miami-Dade, from 200 active listings; the middle half ask $2,300–$4,850.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.