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Waterfront · Condominium
$2,699,000$1,130 / sqft
9 Island Ave # 714, Miami Beach FL 33139
Listed
3
Bedrooms
3
Bathrooms
2,388 sqft
Interior
1981
Year built
$3,209 / mo
HOA
Condominium
Type
About this home
Exceptional craftsmanship defines this fully renovated 3BR/3BA residence with a den/office at Nine Island, a waterfront condominium on Belle Isle near Sunset Harbour. The gourmet Häcker European kitchen features premium Thermador appliances, a steam oven, Freedom induction cooktop, seamless integrated refrigerator, and dual Liebherr wine coolers. Italian porcelain floors and bespoke cabinetry complement the spa-inspired primary bath with steam shower and soaking tub. Integrated audio, surround sound, Samsung entertainment systems, and two custom Murphy beds offer refined entertaining and flexible guest or work-from-home space. Building amenities include a new pool deck and landscaping underway, jacuzzi, BBQ area, tennis courts, fitness center, spa, restaurant, and private marina.
Features
- Lobby
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Fire Sprinklers
- Laundry Tub
- Pantry
- Den/Library/Office
- Utility Room/Laundry
- Open Balcony
- Bay
- Garden View
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 3-bed rentals in Miami Beach, from 97 active listings; the middle half ask $9,900–$39,500.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.