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Waterfront · Condominium
$3,340,000
400 Biscayne Blvd # 5703, Miami FL 33132
Listed
2
Bedrooms
3
Bathrooms
— sqft
Interior
2031
Year built
$2,616 / mo
HOA
Condominium
Type
About this home
Delano Residences Miami introduces elevated living through the lens of a legendary lifestyle brand. This iconic 90-story tower in Downtown Miami is designed as a vertical resort, blending striking architecture by Carlos Ott with interiors by Meyer Davis and world-class hospitality. Residence 5703 features a 2-bedroom + den layout with 1,414 SF of fully finished interiors, floor-to-ceiling impact windows, and thoughtfully designed living spaces. This offering includes two valet parking spaces, a deeded office suite (69 SF), and a private furnished suite (410 SF) - ideal for workspace, guest use, or added flexibility. Residents enjoy a curated collection of luxury amenities, including Miami's first observation deck soaring over 850 feet, signature dining venues, the reimagined Rose Bar, resort-style and sky-high pools, a private members' club, and a full wellness experience by The Source.
Features
- Interior Hall
- Lobby
- Closet Cabinetry
- Cooking Island
- Elevator
- Den/Library/Office
- Family Room
- Studio Apartment
- Open Balcony
- Bay
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 $2,300–$5,600.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.