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About this home
Stunning waterfront Townhouse at Iris on the Bay, a gated community in Normandy Isle in Miami Beach. Unique loft-style corner unit, 3 bedrooms and 3.5 bathrooms w/water views throughout. Built in 2019, this home is ready to move in! A total of 2,626 SF of indoor & outdoor space w/private elevator. The 18ft ceilings give the entry and living room space a WOW effect. Gourmet kitchen w/custom cabinets & pantry, Subzero and Wolf appliances. Secondary suite features 10 ft ceilings and impressive walking Closet. Primary suite opens to a private roof top terrace with incredible water views. Impact windows & doors, electric blinds, custom closets. 2 car garage with plenty of custom storage cabinetry and electric car terminal. Across from Fairway Park w/tennis & Golf. Walk to Beach & restaurants. Low HOA fees. Possibility to rent a boat slips from other owners. A true gem!
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Custom Mirrors
- Elevator
- Fire Sprinklers
- Pantry
- Walk-In Closet(s)
- East Of Us1
- Bay
- Water View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $10,619
- HOA
- $695 / mo
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, 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. 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.