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Condominium
$270,000$578 / sqft
811 JEFFERSON Avenue # 102, Miami Beach FL 33139
Listed
1
Bedrooms
1
Bathrooms
467 sqft
Interior
1941
Year built
$737 / mo
HOA
Condominium
Type
About this home
Welcome to Paradise. Tenant occupied unit with lease in place ending in first quarter of 2027 with tenant paying $1,800 per month. Great location and Amazing Investment opportunity in the heart of South Beach. Very Bright unit on the first floor, Italian design. Central ac. Partially furnished. Building with reserves. Can be rented immediately and twice a year. Walking distance to Washington Ave, Alton Road, and Lincoln Road.
Features
- Interior Hall
- First Floor Entry
- Fire Sprinklers
- No Interior Features
- Courtyard
- Garden
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$2,102
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
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 1-bed rentals in Miami Beach, from 200 active listings; the middle half ask $2,350–$4,500.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.