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Waterfront · Single Family Residence
$10,000,000
1155 NE 89th St, Miami FL 33138
Listed
5
Bedrooms
6
Bathrooms
— sqft
Interior
2026
Year built
None
HOA
Single Family Residence
Type
About this home
Introducing Casa Vanda, a waterfront Tropical Modernist residence by Sunland Group in Miami’s coveted Belmar neighborhood. Currently under construction and expected to be completed in Q4 2026, this three-level home is situated on a 9,185 SF lot with 50 feet of canal frontage, no fixed bridges to Biscayne Bay, and direct water access. Offering approximately 4,800 SF of interior living space, the residence features 5 bedrooms, 5 full bathrooms, and 1 half bath, with floor-to-ceiling glass, expansive terraces, and a covered outdoor living area designed for a seamless indoor-outdoor experience. The MiaCucina kitchen is appointed with custom cabinetry and premium appliances, while the primary suite offers a private terrace, sitting area, and spa-inspired bath. Additional highlights include a rooftop terrace with bay views, elevator, integrated two-car garage, pool and spa, outdoor kitchen, full home automation, and private 50-foot dock. Set within Belmar, a quiet hidden waterfront gem with a marina-like atmosphere, Casa Vanda offers rare waterfront living in one of Miami’s most desirable enclaves.
Features
- First Floor Entry
- Closet Cabinetry
- Elevator
- Pantry
- Walk-In Closet(s)
- Wet Bar
- Family Room
- Great Room
- Utility Room/Laundry
- Barbeque
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 5-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $4,999–$19,750.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.