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Condominium
$304,990$284 / sqft
Miami, FL, 33196
Listed
2
Bedrooms
2
Bathrooms
1,075 sqft
Interior
1990
Year built
$71 / mo
HOA
Condominium
Type
About this home
Bright and spacious 2-bedroom, 2-bath split floor plan residence located in the heart of the Hammocks in Miami. This well-maintained condo offers abundant natural light, an open living and dining area, and generously sized bedrooms with excellent closet space. The desirable split layout provides privacy and functionality, ideal for homeowners or investors alike. Situated in a secure, gated community with beautifully maintained grounds and great amenities. Prime location close to major highways, shopping, dining, schools, and just minutes from everything Miami has to offer. A fantastic opportunity to own in an amazing area of Miami.
Features
- Second Floor Entry
- Fire Sprinklers
- Split Bedroom
- Other
- West Of Us1
- Open Balcony
- Garden View
- Other View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- Ok To Lease
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–$5,569.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.