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2
Bedrooms
2
Bathrooms
948 sqft
Interior
2008
Year built
$1,133 / mo
HOA
Condominium
Type
About this home
Discover an exceptional value and an ideal entry point into one of Miami’s most desirable neighborhoods. City 24 is a full-service luxury building in the heart of Edgewater, offering resort-style amenities, a prime location, and added peace of mind for future owners. The building has completed its Structural Integrity Reserve Study (SIRS), maintains strong reserves, and has proactively addressed major capital improvements. The airy, spacious floor plan features 10-foot ceilings and two oversized balconies with unobstructed city panoramics, creating an ideal setting for activities. 24-hour concierge, resort-style pool and spa, fitness center, yoga room, business center, club room, and secure covered parking. Ideally located close to Margaret Pace Park, Midtown, the Design District, Wynwood, Downtown Miami, and Miami Beach. An excellent opportunity for investors or buyers seeking value in a premier Miami location.
Features
- Built-in Features
- Cooking Island
- Custom Mirrors
- Elevator
- Fire Sprinklers
- Volume Ceilings
- East Of Us1
- Skyline
Leasing
- Minimum lease
- 180 days
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.