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Waterfront · Condominium
$213,000$300 / sqft
1650 NE 115th St # 402, Miami FL 33181
Listed
1
Bedrooms
2
Bathrooms
710 sqft
Interior
1972
Year built
$798 / mo
HOA
Condominium
Type
About this home
Waterfront Living! Enjoy the best of Miami living in this updated waterfront 1 bedroom unit featuring 2 full bathrooms, ceramic tile flooring, abundant natural light, and a private balcony showcasing panoramic canal and bay views. Ideally located just one block east of Biscayne Blvd. this place offers easy access to multiple grocery stores, sport clubs, fine restaurants, shopping, and all that Miami has to offer. The open-concept kitchen features granite countertops, stainless steel appliances, and plenty of storage. The hurricane shutters and an abundance of custom closets also add safety, convenience, and functionality throughout. Perfect place for boating enthusiasts, the property offers direct access to Biscayne Bay and the ocean, embracing the desired South Florida waterfront lifestyle. This well-maintained, pet-friendly boutique building features assigned and guest parking, a newly renovated swimming pool, sauna, and marina with boat docking availability. The 40-year recertification has been completed. A Must See and Easy to Show. Don't miss this fantastic opportunity!
Features
- Lobby
- Built-in Features
- East Of Us1
- Exterior Cat Walk
- Open Balcony
- Bay
- Pool Area View
- Water View
Leasing
- Minimum lease
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–$3,495.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.