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4
Bedrooms
6
Bathrooms
3,137 sqft
Interior
2018
Year built
$4,809 / mo
HOA
Condominium
Type
About this home
Panoramic Views at One Paraiso! A rare opportunity to own this almost new, hardly lived in, waterfront 2-story Upper Penthouse, where breathtaking ocean, bay, city & skyline sunset views unfold from every room. Spanning over 3,137 Sq.Ft., this 4BD/5.5BA N.E. corner two-story residence is wrapped in floor-to-ceiling glass, filling the interiors with natural light. A private elevator foyer entry, an open eat-in kitchen with an island, multiple balconies, & a gorgeous primary suite with walk-in closets, primary bath with dual sinks, & separate tub & shower. High ceilings everywhere, complete electric shades throughout, a storage room, and 2 parking spots. Entertain in Style! What sets this home apart is the expansive private covered rooftop terrace with a summer kitchen, jacuzzi, and an incredibly rare offering in Miami. This pet-friendly building is known for its resort-style lifestyle & full-service experience. Residents enjoy world-class amenities including multiple waterfront pools, tennis courts, a State-of-the-Art fitness center, spa & sauna, movie theater, Amara restaurant, business center, valet, concierge, & 24-hour security, all within one of Edgewater’s most prestigious towers. Perfectly positioned in Edgewater, you’re surrounded by the Design District, Midtown, Wynwood, & Downtown Miami, top dining, shopping, & cultural destinations just mins away. Enjoy waterfront park & dog park, baywalk paths, & easy access to Miami Beach & MIA Airport.
Features
- Lobby
- First Floor Entry
- Closet Cabinetry
- Elevator
- Roman Tub
- Split Bedroom
- Walk-In Closet(s)
- Den/Library/Office
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 4-bed rentals across Miami-Dade, from 122 active listings; the middle half ask $14,000–$34,000.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.