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Waterfront · Condominium
$280,000$467 / sqft
800 West Ave # 741, Miami Beach FL 33139
Listed
0
Bedrooms
1
Bathrooms
600 sqft
Interior
1966
Year built
$792 / mo
HOA
Condominium
Type
About this home
Oversized 600 SF studio with beautiful bay views in the desirable South Bay Club. Larger than many other studios in the building, this spacious residence features a walk-in closet, 1 assigned parking space, and a new 2025 AC system. The unit requires TLC and renovation, offering an excellent opportunity for investors, fix-and-flip buyers, or end users looking to create a personalized Miami Beach retreat. Ideal for full-time living, a vacation home, or investment property. South Bay Club offers resort-style amenities including a bayfront pool deck, open-air lobby, fitness rooms, and direct bayfront setting. Boat slips are available for rent through the association. Prime location close to the best of South Beach, dining, shopping, beaches, and nightlife.
Features
- Elevator
- Barbeque
- Bay
- Water View
Leasing
- Minimum lease
- 181 days
- Leases permitted per year
- 2
- Ok To Lease
- Okay To Lease 1st Year
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 in Miami Beach, from 200 active listings; the middle half ask $1,800–$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.