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Condominium
$199,000$349 / sqft
700 NE 63rd St # D206, Miami FL 33138
Listed
0
Bedrooms
1
Bathrooms
571 sqft
Interior
1985
Year built
$441 / mo
HOA
Condominium
Type
About this home
Bright and spacious studio condominium in a well-maintained building surrounded by mature trees and tropical landscaping. This residence features an open-concept layout, tile flooring throughout, a modern kitchen with wood cabinetry, granite countertops, and stainless steel appliances, plus a large walk-in closet and updated full bath. Enjoy a private balcony with peaceful green views. The building offers a welcoming interior courtyard/atrium and secured entry. Conveniently located near shopping, dining, parks, major roadways, and the waterfront. Great opportunity for an owner-occupant or investor seeking comfort and convenience in a desirable location.
Features
- No Interior Features
- Walk-In Closet(s)
- Open Balcony
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$1,447
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $1,006
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 across Miami-Dade, from 200 active listings; the middle half ask $2,000–$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.