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Listed
Beautiful corner 2 bed 2 bath apartment with oversize balcony and a lot of natural light due to the SW exposure and wonderful sunset. It features granite flooring all over, renovated kitchen with granite counter-top, plenty of closets plus a storage room. It can be rented immediately or renovated for a more modern look. Right to park 1 car thru the valet parking included in the HOA payment. Ongoing special assessment for structural recertification 40+50 years and new hallways has to be assumed by buyer who will take advantage from the appreciation coming from the renovation ($496.97/mo until March 2034). Material alteration of common areas has been approved by the association, permitting process at the last stage. Financing is actually possible with 25% down payment. All the neighborhood is subject to a huge appreciation coming form Lincoln rd beautification project, Ritz-Carlton Residences coming soon next door, Alo Yoga opening in December 2026 in the corner of the condo, fully renovated Collins ave luxury hotels (iconic Delano) opened or coming soon.
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 2-bed rentals in Miami Beach, from 200 active listings; the middle half ask $3,600–$10,000.That is what landlords ask, not what units let for — edit it if you know better.
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.
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.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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