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Condominium
$220,000$341 / sqft
8010 Tatum Waterway Dr # 5, Miami Beach FL 33141
Listed
1
Bedrooms
1
Bathrooms
646 sqft
Interior
1964
Year built
None
HOA
Condominium
Type
About this home
Conventional is allowed with 25% Down or Seller Financing Available. TROPICAL PARADISE IN NORTH BEACH! Discover the perfect blend of coastal living and modern comfort in this completely updated 1-bedroom, 1-bathroom residence offering 646 square feet of thoughtfully designed living space. Brand new Roof just installed on building. Ideally located in the heart of North Beach, this turnkey home puts you just a 5-minute walk from the beach and moments from an exciting mix of upscale residences, luxury buildings, restaurants, cafés, shops, entertainment, and vibrant nightlife. The beautifully updated interior offers a fresh, contemporary feel and is ready to enjoy as a full-time residence, beach getaway, or investment opportunity. Step outside and embrace the relaxed South Florida lifestyle—sun, sand, dining, shopping, and entertainment are all right at your fingertips. A fantastic opportunity to own a stylish, move-in-ready home in one of Miami Beach's most desirable coastal neighborhoods!
Features
- Second Floor Entry
- None
- Other View
Leasing
- Minimum lease
- 1 day
- Leases permitted per year
- 365
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
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 $2,300–$3,850.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.