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Condominium at 9 Island Ave # 1114, Miami Beach FL 33139Active
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Waterfront · Condominium
$3,500,000$1,466 / sqft

9 Island Ave # 1114, Miami Beach FL 33139

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

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$21,207

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$17,698
HOA
$3,509 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
BRG International , LLC

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.