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1
Bedrooms
1
Bathrooms
610 sqft
Interior
1938
Year built
$538 / mo
HOA
Condominium
Type
About this home
TURNKEY CONDO IN FULLY RENOVATED AND STRUCTURALLY SOUND BUILDING WITH FULL RESERVE FUNDING, NO SPECIAL ASSESSMENT, LOW HOA DUES. Beautiful fully furnished and equipped one bedroom with a large 10 X 10 terrace facing the inner courtyard in a beautiful Art Deco building in the quiet Bayshore neighborhood of Miami Beach, very close to the beach and South Beach. Fully restored 1938 Art Deco building, tranquil and friendly with only 16 units. the apartment is on the second floor (walk up, no elevator) with impact windows on three sides, leave all the windows open and enjoy the ocean breeze!!. The fourth wall backs the stairwell so you don't share a wall with any neighbors and this is the top floor with nobody above you, very private and quiet. One cat or small dogs is welcome. Beautiful dog park across the street. Huge walk-in closet as well as built-in closets in the hallway and kitchen, plantation shutters in bedroom and dining area. New bathroom fixtures and brand new kitchen, a new in unit washer/dryer, and new central A/C + nest thermostat. (Tv not included)
Features
- Second Floor Entry
- Walk-In Closet(s)
- East Of Us1
- Courtyard
- Garden View
Leasing
- Minimum lease
- 181 days
- Leases permitted per year
- 2
- Ok To Lease
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 in Miami Beach, from 200 active listings; the middle half ask $2,300–$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.