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Waterfront · Condominium
$875,000$648 / sqft
11 Island Ave # 906, Miami Beach FL 33139
Listed
2
Bedrooms
2
Bathrooms
1,350 sqft
Interior
1972
Year built
$1,757 / mo
HOA
Condominium
Type
About this home
Beautiful Biscayne Bay views from this spacious 1,350 SF living area, 2-bedroom, 2-bathroom residence on Belle Isle in Miami Beach. A welcoming entry foyer leads into a bright and spacious living area with marble flooring throughout. The open kitchen features a built-in wine cooler and flows into the living space, opening onto a terrace overlooking the bay. The primary suite features a spa-like bathroom with double sinks and a walk-in closet. Sliding doors in the second bedroom offer flexibility to use the space as a bedroom, office or den. Washer and dryer in unit. Costa Brava offers resort-style waterfront living with full amenities, including a bayfront pool. Enjoy being within walking distance of restaurants, shops, fitness studios and the recently renovated Belle Isle Dog Park. Major building upgrades have already been completed.
Features
- Built-in Features
- Closet Cabinetry
- Pantry
- Den/Library/Office
- Media Room
- Recreation Room
- Storage
- Utility Room/Laundry
- Barbeque
- Open Balcony
- Bay
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 in Miami Beach, from 200 active listings; the middle half ask $3,595–$10,000.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.