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Waterfront · Condominium
$3,500,000$1,447 / sqft

90 SW 3rd St # 12, Miami FL 33130

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

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$20,537

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

Principal & interest
$17,698
HOA
$2,839 / mo

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.

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Courtesy of
West Avenue 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.