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Waterfront · Condominium
$1,900,000$881 / sqft
1090 NW North River Drive # 402, Miami FL 33132
Listed
3
Bedrooms
2,157 sqft
Interior
2007
Year built
$1,968 / mo
HOA
Condominium
Type
About this home
30' boat slip with power and water included! This 3-bedroom, 3.5-bath waterfront residence is on the Miami River in historic Spring Garden, in a stunning boutique building designed by Revuelta Architects. The upscale, exclusive 5-story building has just 16 units. The flow-through floor plan opens to large balconies overlooking the river and gardens, with 10' floor-to-ceiling windows. Amenities include a waterfront pool, spa, gym and BBQ entertainment area.
Features
- Lobby
- Elevator
- Fire Sprinklers
- Walk-In Closet(s)
- Utility Room/Laundry
- Balcony
- Canal
- Intracoastal View
- Pool
- River
- Canal View
- River View
Location
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 across Miami-Dade, from 200 active listings; the middle half ask $2,900–$12,000.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.