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3
Bedrooms
3
Bathrooms
2,210 sqft
Interior
2001
Year built
$3,110 / mo
HOA
Condominium
Type
About this home
Spanning over 2,200 square feet, the unit has been fully renovated and features an open-concept layout with floor-to-ceiling windows and a deep, wrap-around balcony that captures direct views of the ocean and the pool deck. Built in 2002, the spacious and well designed home features a European kitchen with an Island designed by Leicht and equipped with Liebner and Bosh appliances, including a wine cooler. The Unit is equipped with Hurricane impact windows offering superior storm protection, enhanced security and exceptional sound insulation with no shutters required. The residence is accessible via a private elevator foyer including a separate service entry. Solimar is a full-service building, residents have access to well-maintained amenities including a heated pool, all inclusive beach service, a fitness center, and valet parking. Ideally located just minutes from Bal Harbour Shops and Boutiques, cafes and restaurants of Harding Avenue and in close proximity to the houses of worship, the residence offers a perfect balance of luxury and everyday convenience making it well suited for full time or seasonal living with a premier oceanfront address. Unique opportunity not to be missed for a discerning buyer.
Features
- First Floor Entry
- Other
- Ocean View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
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 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,900–$11,700.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.