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Waterfront · Condominium
$490,000$619 / sqft
601 NE 27TH ST # 1706, Miami FL 33137
Listed
1
Bedrooms
1
Bathrooms
791 sqft
Interior
2016
Year built
$1,350 / mo
HOA
Condominium
Type
About this home
Gorgeous unit with high end luxury finishes such as bosh appliances, roller shades, marble bathrooms, spacious closets, new flooring, full size washer/dryer. Beautiful bay and city views in a LEED silver certified building with energy efficient a/c system and water heater. Enjoy this boutique style building with free electric car charging stations, pool, spa, gym, cyber cafe, social lounge and business room. Excellent location in booming Edgewater right by the intracoastal bay with a beautiful private boardwalk. Located a few minutes from Wynwood, midtown and design district for shopping and many restaurants. See broker remarks.
Features
- First Floor Entry
- Elevator
- Fire Sprinklers
- Pantry
- Walk-In Closet(s)
- East Of Us1
- Open Balcony
- Other View
Leasing
- Minimum lease
- 185 days
- Leases permitted per year
- 3
- 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 $2,000–$3,800.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.