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2
Bedrooms
2
Bathrooms
1,042 sqft
Interior
1957
Year built
$750 / mo
HOA
Condominium
Type
About this home
PRIME BAY HARBOR ISLANDS OPPORTUNITY! Own in one of Miami’s most desirable and sought-after locations, just minutes from the beach, Bal Harbour Shops, Surfside, fine dining and entertainment. An excellent opportunity for investors or buyers looking to secure a property in a high-demand area with exceptional location and long-term potential. BRAND-NEW ROOF RECENTLY INSTALLED! The roof special assessment has been fully paid, with no outstanding special assessments or additional assessments currently anticipated. Enjoy the unique lifestyle Bay Harbor Islands has to offer while being close to everything Miami and Miami Beach are known for. Location, lifestyle and investment potential come together in one exceptional opportunity. Don’t miss it!
Features
- First Floor Entry
- Pantry
- Walk-In Closet(s)
- None
- Open Balcony
- Bay
- Canal
- Garden View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- Ok To 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 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,300–$5,750.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.