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Waterfront · Condominium
$309,000$560 / sqft
1200 West Ave # 811, Miami Beach FL 33139
Listed
0
Bedrooms
1
Bathrooms
552 sqft
Interior
1965
Year built
$708 / mo
HOA
Condominium
Type
About this home
Beautiful large studio fully furnished & equipped with a great City view from its large balcony. The kitchen & bathroom were fully renovated. The apartment comes with the whole furniture (queen size bed, sofa bed, dining table & chairs, nightstands, Flat TV etc...). The building offers great amenities: large pool & jacuzzi, fitness center, games & party room, Amazon lockers, 24/7 concierge, security & parking valet, BBQ area etc... The building did many upgrades with new elevators, lobby, hallway etc... Location is perfect, ideally located in South Beach in a quiet neighborhood a few block away from the new park. All the best groceries such as Whole Food, Trader Joe and Fresh market are all around. Tenant's rent is $2600/month, lease ends in July 2026. Need 24h notice to visit.
Features
- No Interior Features
- Other
- Barbeque
- Other View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- Ok To Lease
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
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 studio rentals in Miami Beach, from 200 active listings; the middle half ask $1,800–$3,000.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.