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Active
Condominium
$375,000$471 / sqft

1 Glen Royal Pkwy # 809, Miami FL 33125

1
Bedrooms
2
Bathrooms
796 sqft
Interior
2007
Year built
$485 / mo
HOA
Condominium
Type

About this home

Excellent investment opportunity! Spacious 2-bedroom, 2-bathroom condo located in the heart of Miami. This well-maintained unit features a large kitchen, separate living and dining areas, a private balcony with pleasant views, and the convenience of an in-unit washer and dryer. Includes one assigned parking space. The building offers 24-hour concierge service, a fitness center, and a rooftop terrace. Ideally situated just minutes from Miami International Airport, Downtown Miami, Calle Ocho, and Jackson Memorial Hospital. The unit is currently tenant-occupied, making it an ideal income-producing property.

Features

  • Other
  • Open Balcony
  • Other View

Estimated loan & HOA

$2,381

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

Principal & interest
$1,896
HOA
$485 / 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.

Courtesy of
Smart Miami Realty, 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.