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Condominium
$480,000$462 / sqft
1050 Brickell Ave # 606, Miami FL 33131
Listed
1
Bedrooms
2
Bathrooms
1,040 sqft
Interior
2008
Year built
$1,328 / mo
HOA
Condominium
Type
About this home
**Brickell Loft for Sale – Buy Now, Earn Rental Income, and Move In Later** **1050 Brickell Ave, Unit 606 | 1 Bedroom + Den | 1.5 Bathrooms | 1,040 sq. ft.** An excellent opportunity for anyone planning to move to Miami in 2027 while earning rental income in the meantime. This modern two-level loft features high ceilings, quality flooring, stainless-steel appliances, a spacious primary suite, generous storage, and a large private terrace. Currently rented for **$3,400 per month**, with a lease in place from **June 27, 2026, through August 26, 2027**. The current tenant has an excellent record of making payments on time, allowing the buyer to receive rental income from day one. Ideally located in the heart of Brickell, near Metrorail, Brickell City Centre, and some of Miami’s best restaurants. Building amenities include a doorman, concierge service, and fitness center. **A great option for immediate investment income and a future Miami residence.**
Features
- First Floor Entry
- Volume Ceilings
- Walk-In Closet(s)
- Loft
- Utility Room/Laundry
- Other
- Other View
Leasing
- Minimum lease
- 90 days
- Leases permitted per year
- 2
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 1-bed rentals in Brickell, from 200 active listings; the middle half ask $3,100–$4,200.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.