All listings
Pending
Pending1 / 40
Photo 1 of 40
Waterfront · Condominium
$3,500,000$1,466 / sqft
9 Island Ave # 1114, Miami Beach FL 33139
Listed
3
Bedrooms
3
Bathrooms
2,388 sqft
Interior
1981
Year built
$3,509 / mo
HOA
Condominium
Type
About this home
Fully renovated and reimagined turnkey 2,388 SF 3-Bedroom + Den + Office, 3-Bath residence with a 48' Boat-slip with direct ocean access. Features include a chef’s kitchen, ample custom built-in storage, hardwood floors, separate storage units, impact windows, laundry room, and a flexible layout ideal for entertaining. Enjoy serene views of Belle Isle Park along with stunning bay views from Edgewater to Sunset Harbor. 9 Island is a full-service, resort-style building with newly updated amenities: pool deck (ongoing), spa (ongoing), tennis courts, gym, children’s playroom, restaurant, marina, and more. Seller will pay all assessments. MUST SEE!
Features
- Lobby
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Elevator
- Fire Sprinklers
- Barbeque
- Courtyard
- Open Balcony
- Tennis Court(s)
- Bay
- Skyline
- Water View
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 103 active listings; the middle half ask $9,500–$39,200.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.