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2
Bedrooms
3
Bathrooms
1,753 sqft
Interior
2007
Year built
$1,655 / mo
HOA
Condominium
Type
About this home
Experience waterfront living at The Lexi in the heart of North Bay Village! This spacious 8th-floor corner residence offers approximately 1,753 sq. ft. of living space, featuring 3 bedrooms, 2 bathrooms, and an expansive wraparound balcony showcasing stunning views of Biscayne Bay and the Intracoastal Waterway. Abundant natural light fills the open living and dining areas, creating an inviting space for everyday living and entertaining. The flexible floor plan includes a converted third bedroom, offering versatility for guests or a home office. Additional highlights include an in-unit washer and dryer and two assigned garage parking spaces. The Lexi offers resort-style amenities, including a swimming pool, fitness center, clubhouse, billiard room, and attended lobby. Conveniently located minutes from Miami Beach, dining, shopping, and entertainment, this residence combines generous living space, beautiful water views, and an exceptional North Bay Village location.
Features
- Closet Cabinetry
- Other
- Walk-In Closet(s)
- Open Balcony
- Bay
- Other View
Leasing
- Minimum lease
- 90 days
- Leases permitted per year
- 4
- No Daily Rentals
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 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,300–$5,569.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.