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3
Bedrooms
2
Bathrooms
1,293 sqft
Interior
1984
Year built
$770 / mo
HOA
Condominium
Type
About this home
Opportunity! Rarely available and beautifully renovated 3-bedroom, 2-bathroom penthouse residence in the highly desirable Verabella Falls. Situated on the top floor, this immaculate home offers serene lake views, updated appliances, ceramic tile flooring on the main level, and hardwood floors upstairs. Ideally located in the heart of Kendall, just minutes from shopping, hospitals, major expressways, and public transportation, with a bus stop conveniently located in front of the community. Residents enjoy excellent amenities, including a swimming pool and fitness center, along with access to highly rated schools nearby. Owner occupied. Showings by appointment only with 24-hour notice. Realtors must accompany their clients at all showings. **Please see broker's remarks**
Features
- First Floor Entry
- Den/Library/Office
- Other
- None
- Lake
Leasing
- Minimum lease
- 180 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.
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 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,900–$11,500.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.