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Waterfront · Condominium
$2,162,000$1,300 / sqft
888 Biscayne Blvd # 5404, Miami FL 33132
Listed
2
Bedrooms
3
Bathrooms
1,663 sqft
Interior
2008
Year built
$1,705 / mo
HOA
Condominium
Type
About this home
Pre-Penthouse residence just two floors below the penthouse, offering breathtaking unobstructed water views and a spectacular Miami skyline backdrop. Beautifully and professionally renovated with refined finishes and impeccable attention to detail, this sky home blends sophistication, comfort, and privacy. Arrive via a secured semi-private elevator and enjoy elevated living in the heart of Miami, moments from the Arts, Bay, dining, and nature. Private showings only with 48 hours’ notice. An opportunity to own a piece of the Miami Skyline!
Features
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Fire Sprinklers
- Entrance Foyer
- Split Bedroom
- Walk-In Closet(s)
- East Of Us1
- Open Balcony
- Bay
- Ocean View
- Skyline
Leasing
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 $2,350–$5,500.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.