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1860 Cleveland Rd, Miami Beach FL 33141
About this home
This charming waterfront property presents a rare opportunity for redevelopment on one of Miami Beach's most desirable guard-gated island communities. Whether renovating the existing residence or creating a spectacular new custom waterfront estate, this exceptional property offers endless potential in a premier location. Ideally positioned on a 9,000-square-foot lot along a picturesque waterway leading to Biscayne Bay, the home is just the third residence from the bridge connecting to the Western Point. The property features 60 feet of waterfront with ample space for a new private dock and offers convenient boating access with only one fixed bridge to the open waters of Biscayne Bay. Located in the highly sought-after (NOBE) North Beach neighborhood, north of 71st Street, this prime setting provides an exceptional waterfront lifestyle. The existing residence offers 3 bedrooms, 3 bathrooms, and 2,786 square feet of living space, highlighted by a charming courtyard entrance with Chicago brick columns and flooring, as well as dual entry fountains that create a warm and inviting arrival. The outdoor living areas include a swimming pool surrounded by a brick pool deck, mature tropical landscaping, and a lush privacy hedge, providing a tranquil setting while awaiting your vision for the future. Prime property location near the beach, fine dining and shops, Bal Harbour, Downtown Miami, and Miami International Airport.
Features
- Other
- Intracoastal View
- Pool
- Water
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
- $13,653
- HOA
- None
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
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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.