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Waterfront · Condominium
$2,850,000$3,291 / sqft
102 24th St # 1516, Miami Beach FL 33139
Listed
3
Bedrooms
4
Bathrooms
866 sqft
Interior
2015
Year built
$2,254 / mo
HOA
Condominium
Type
About this home
Experience refined coastal luxury in this beautiful 1-bedroom residence at the prestigious **1 Hotel & Homes South Beach**. Thoughtfully designed with sophisticated finishes, elegant furnishings, and a warm, contemporary aesthetic, this inviting residence overlooks the lush tropical landscaping and stunning resort-style pool at 1 Hotel, creating a serene retreat in the heart of Miami Beach. Owners enjoy access to an extraordinary collection of world-class amenities, including a 14,000-square-foot fitness center, luxurious spa, chauffeured house cars, multiple swimming pools, a spectacular rooftop pool, direct beach access, four exceptional restaurants, bars, and unparalleled resort-style services. Ideally situated along the oceanfront, 1 Hotel & Homes South Beach offers effortless access to Miami Beach's finest dining, shopping, and entertainment. The residence also presents an attractive opportunity for luxury short-term rentals through Five Star Luxury Travel, allowing owners to enjoy their property while generating rental income when not in residence. Whether envisioned as a personal beachside retreat, seasonal getaway, or income-producing investment, this exceptional residence offers the perfect combination of luxury, lifestyle, and rental potential at one of Miami Beach's most coveted addresses.
Features
- Built-in Features
- Closet Cabinetry
- Custom Mirrors
- Elevator
- Fire Sprinklers
- Pantry
- Walk-In Closet(s)
- East Of Us1
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 Miami Beach, from 93 active listings; the middle half ask $9,900–$39,500.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.