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Waterfront · Condominium
$789,000$643 / sqft
325 S Biscayne Blvd # 3421, Miami FL 33131
Listed
2
Bedrooms
2
Bathrooms
1,227 sqft
Interior
2005
Year built
$1,242 / mo
HOA
Condominium
Type
About this home
Outstanding investment opportunity with immediate, proven cash flow! Unit 3421 has consistently generated premium rental income and is currently leased at $5,246/month, with a new lease already secured at $5,450/month for the upcoming 2027–2028 term, demonstrating exceptional rental demand and increasing income potential. The residence has been completely renovated from top to bottom, featuring a brand-new designer kitchen, fully remodeled bathrooms, new finishes throughout, and a modern, turnkey interior requiring no additional investment. Enjoy spectacular panoramic views of Biscayne Bay, the Miami skyline, and unforgettable sunsets from one of the building’s most desirable lines. Whether you’re seeking a high-performing investment property or a future luxury residence, this unit offers the perfect combination of strong rental returns, quality renovations, and breathtaking views in the heart of Downtown Miami.
Features
- Open Balcony
- Ocean View
Leasing
- Minimum lease
- 30 days
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.
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
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 in Brickell, from 200 active listings; the middle half ask $4,000–$6,500.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.