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1
Bedrooms
2
Bathrooms
982 sqft
Interior
1970
Year built
$487 / mo
HOA
Condominium
Type
About this home
ATTENTION INVESTORS!! Great opportunity to own this nice 1-bedroom, 1.5-bathroom loft-style unit offering immediate, stable cash flow with a reliable tenant in place. The current lease generates $1,800 per month and is secured until October 2027, offering peace of mind from day one. Well maintained unit in a gated complex with great amenities as gym, swimming pool, tennis court, barbecue area, etc... The complex is conveniently situated near major highways and premier shopping centers, ensuring consistent demand. Showings require 24 hours' notice to respect the current tenant. Please see brokers remarks for scheduling showings.
Features
- Second Floor Entry
- Loft
- Other
- Barbeque
- Open Balcony
- Tennis Court(s)
- Garden View
- Other View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- No Daily Rentals
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 across Miami-Dade, from 200 active listings; the middle half ask $1,950–$3,400.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.