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2
Bedrooms
3
Bathrooms
1,421 sqft
Interior
2007
Year built
None
HOA
Condominium
Type
About this home
Introducing Midtown 551 at the coveted Midblock Miami condo. One of the most exceptional floor plans in Midblock, Midtown 551 has been professionally decorated to entice end-users and investors alike. Unique to Midblock is the ability to rent on a daily basis, making this 2-story residence an appealing income-producing property. This tropical townhome entry is only available to the 15 townhomes located on the 5th floor. Step inside to impressive concrete ceilings with vibrant furnishings and accents. The first floor is an open floor plan with a den/sitting area, half bath, open living space and balcony. Upstairs are 2 bedrooms with automatic blinds, 2 full baths, laundry closet with new LG w/d and additional balcony. Fully furnished with parking and two storage lockers. Fully furnished, including cookware, plates complete bed sheets and lock boxes. Can be AirBnB ready immediately.
Features
- Closet Cabinetry
- Fire Sprinklers
- Split Bedroom
- Den/Library/Office
- Open Balcony
- Skyline
Leasing
- Minimum lease
- 2 days
- Leases permitted per year
- 187
- Daily Rentals Allowed
- 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–$5,500.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.