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3
Bedrooms
4
Bathrooms
— sqft
Interior
2026
Year built
$1,556 / mo
HOA
Condominium
Type
About this home
Exceptional investment opportunity at Nexo Residences in North Miami Beach! Offered at $1,395,000, this 3-bedroom, 3.5-bath residence combines the flexibility of personal use with Airbnb and short-term rental opportunities, with no rental restrictions. An attractive option for investors seeking a South Florida property with flexible rental potential, or buyers looking for a primary residence or vacation home they can rent when not in use. Discover the possibilities of ownership in a location convenient to Miami’s beaches, shopping, dining, and entertainment. Opportunity pricing makes this residence a compelling consideration for your next investment.
Features
- First Floor Entry
- Closet Cabinetry
- Elevator
- French Doors
- Great Room
- Barbeque
- Courtyard
- None
Leasing
- Minimum lease
- 1 day
- Leases permitted per year
- 365
- Daily Rentals Allowed
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 across Miami-Dade, from 200 active listings; the middle half ask $2,900–$12,000.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.