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About this home
The Perfect South Beach Apartment – Turnkey Investment Opportunity! ROI 7% Spacious 1-bedroom located in a charming building on a quiet tree-lined street just a few blocks from the ocean. Bright and fully furnished, this residence features waterproof laminate flooring in the living area, bedroom, bathroom with window, and a full kitchen with electric range and natural light. Easy street parking availableabundant natural light.. The building offers laundry facilities and a charming private garden perfect for relaxing and entertaining. Walking distance to Lincoln Road, Flamingo Park, shops, cafés, restaurants, and the beach. Excellent investor opportunity with tenant in place paying .$2,600/month.Property is tenant occupied; since 2023 .Easy to show .
Features
- Interior Hall
- First Floor Entry
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $1,249
- HOA
- $726 / mo
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, 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. 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.