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1
Bedrooms
1
Bathrooms
722 sqft
Interior
2008
Year built
$659 / mo
HOA
Condominium
Type
About this home
Rarely available 04-line at Gallery Art building in the heart of Edgewater. This spacious 1-bedroom, 1-bath offers 722 SF of living area, the building's larger 1-bedroom layouts, with an open living and dining area, floor-to-ceiling glass and a private balcony with city, pool and partial bay views. The open kitchen features quartz countertops, stainless steel appliances and a large peninsula with additional seating. The well-designed floor plan includes a generous bedroom with walk-in closet, in-unit washer and dryer, and excellent use of space throughout. Gallery Art is pet friendly and offers resort-style amenities including a heated pool, fitness center, sauna, club room and attended lobby. Ideally located minutes from Wynwood, Midtown, the Design District, Downtown Miami, Brickell and Miami Beach.
Features
- Fire Sprinklers
- Walk-In Closet(s)
- Open Balcony
- Bay
- Pool Area View
- Skyline
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- No Daily Rentals
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
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 1-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,000–$3,800.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.