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700 NE 63rd St # D606, Miami FL 33138
About this home
Bright and spacious studio in the sought-after Nirvana Condominium, located in Miami’s vibrant Upper East Side. Perched on the 6th floor, this unit features a private south-facing balcony with sweeping treetop and skyline views. The gated, bayfront community offers resort-style amenities, including two pools, a fitness center, beach volleyball court, kayak launch, lush tropical grounds, and an on-site café. Ideally situated just minutes from the Design District, Wynwood, Midtown, and some of Miami’s best dining and entertainment. Currently leased at $1,900 per month, making it an excellent opportunity for investors or future owner-occupants. Special assessment: $76.63/month.
Features
- Other
- Walk-In Closet(s)
- East Of Us1
- Bay
- Other View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $1,138
- HOA
- $687 / mo
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, 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. 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.