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Condominium
$889,500$786 / sqft
1040 10th St # 402, Miami Beach FL 33139
Listed
2
Bedrooms
2
Bathrooms
1,132 sqft
Interior
2006
Year built
$1,275 / mo
HOA
Condominium
Type
About this home
Refined South Beach living in this sun-filled 2-bedroom, 2-bath residence offering 1,132 square feet of gracious interiors and serene garden views. Set on the fourth floor of 1040 10th Street, with elevator access, the home opens to a private balcony, an ideal spot to enjoy the outdoors. Impact glass floods the living space with natural light and adds everyday peace of mind, while tile flooring flows throughout. The kitchen is appointed with stone countertops, custom cabinetry, and stainless steel appliances. Two well-proportioned bedrooms and two full baths provide comfort and flexibility, and an in-unit washer and dryer adds true convenience. Secured, assigned parking completes the offering. Moments from Whole Foods, Lincoln Road, the beach, and South Beach’s finest dining, this is a polished retreat in the heart of Miami Beach, ideal as a primary home, seasonal residence, or investment.
Features
- Elevator
- Open Balcony
- Garden View
- Other View
Leasing
- Minimum lease
- 183 days
- Leases permitted per year
- 1
- No Daily Rentals
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 2-bed rentals in Miami Beach, from 200 active listings; the middle half ask $3,600–$10,000.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.