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Single Family Residence at 1155 NE 89th St, Miami FL 33138Active
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Waterfront · Single Family Residence
$10,000,000

1155 NE 89th St, Miami FL 33138

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
  • Built-In Grill
  • Bay
  • Canal

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$50,565

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$50,565
HOA
None

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.

Courtesy of
Sunland Real Estate, LLC.

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.

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 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.