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Waterfront · Condominium
$3,500,000$1,447 / sqft
90 SW 3rd St # 12, Miami FL 33130
Listed
3
Bedrooms
4
Bathrooms
2,418 sqft
Interior
2008
Year built
$2,839 / mo
HOA
Condominium
Type
About this home
Largest total square foot penthouse at Riverfront. IVY PH-12 in Miami, this one-of-a-kind three-story penthouse offers an unmatched blend of luxury, space, and breathtaking design. As the largest residence at Riverfront, the home spans approximately 4,500 total square feet, including an extraordinary 2,000 sq. ft. private rooftop terrace complete with a jacuzzi-perfect for enjoying sweeping 360-degree views of the city and river. Inside, the dramatic living room showcases soaring 20-foot ceilings, creating a bright and open atmosphere ideal for both relaxing and entertaining. The oversized primary suite is a true retreat, featuring motorized curtains and a custom marble bathroom with a spacious soaking tub and separate shower. The second bedroom is currently unfurnished, offering flexibility to be customized by either the owner or tenant. The third bedroom has been thoughtfully designed as a state-of-the-art home fitness center. This exceptional penthouse is available furnished for an annual lease, delivering a rare opportunity to experience elevated Miami living at its finest. Across bridge from Brickell City Center. Rented for $15,000/month until July 2027. Includes 2 parking spots on level 2, two storage units and two motorcycle spot at list price. Sold furnished!
Features
- Walk-In Closet(s)
- Bay
- Water 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.
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 3-bed rentals in Brickell, from 107 active listings; the middle half ask $7,500–$15,500.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.