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Waterfront · Condominium
$320,000$564 / sqft
50 Biscayne Blvd # 1409, Miami FL 33132
Listed
0
Bedrooms
1
Bathrooms
567 sqft
Interior
2007
Year built
$609 / mo
HOA
Condominium
Type
About this home
MOTIVATED SELLER – PRICED TO SELL! Excellent opportunity to own a spacious 567 SF studio at 50 Biscayne, ideally located in the heart of Downtown Miami. Unit 1409 features an open, functional layout and a private balcony with beautiful views overlooking Bayside and the water, the perfect setting to enjoy Miami’s vibrant city and waterfront lifestyle. Just steps from Bayfront Park, Bayside Marketplace, dining, shopping, entertainment, and public transportation, with Brickell, Miami Beach, and major highways only minutes away. Ideal as a primary residence, pied-à-terre, or investment opportunity. Well positioned in the market and ready for its next owner. Seller is motivated, bring your offers!
Features
- Elevator
- Other
- Bay
- Skyline
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- No Daily Rentals
- 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 across Miami-Dade, from 200 active listings; the middle half ask $2,000–$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.