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Waterfront · Condominium
$3,200,000$1,737 / sqft
1445 16th St # 602, Miami Beach FL 33139
Listed
3
Bedrooms
3
Bathrooms
1,842 sqft
Interior
2008
Year built
$2,787 / mo
HOA
Condominium
Type
About this home
Luxury Meets Serenity in this 2 Bed + Den/Bedroom & 3 bath residence at Capri South Beach. Discover the epitome of Miami Beach living in this exceptional boutique bayfront building that offers a harmonious blend of luxury, comfort, & tranquility. If you're seeking a place where luxury & serenity coexist, where bayfront living meets urban convenience, this is your opportunity. Step inside this spacious & thoughtfully designed residence to find a world of elegance & sophistication. The open-concept living area is bathed in natural light, thanks to expansive windows that frame breathtaking views of Biscayne Bay & the Miami skyline, creating an inviting ambiance that's both stylish & welcoming, just steps from Lincoln Road plus a bayfront pool, spa, gym, & 24-hour concierge service.
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Open Balcony
- Bay
- Skyline
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
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 in Miami Beach, from 103 active listings; the middle half ask $9,500–$39,200.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.