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2
Bedrooms
2
Bathrooms
1,087 sqft
Interior
2005
Year built
$1,292 / mo
HOA
Condominium
Type
About this home
Set in the heart of Edgewater—Miami's fast-rising waterfront enclave where luxury towers keep climbing—this residence delivers rare value in one of the city's most sought-after urban corridors. Downtown, Midtown, Wynwood, the Design District, Brickell, and Miami Beach are all just minutes away, with Margaret Pace Park, top dining, fitness, and nightlife right at your doorstep. What truly sets this unit apart: three assigned parking spaces—an exceptional and hard-to-find feature in this market. Ideal for end users or investors chasing location, lifestyle, and lasting upside. Adding to the long-term appeal, the condominium owns adjacent land behind the building, a potential source of future value for owners (subject to association documents and buyer verification).
Features
- Lobby
- Entrance Foyer
- Skylight
- Walk-In Closet(s)
- Open Balcony
- Other View
- Pool Area View
- Skyline
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- No Daily Rentals
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–$4,850.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.