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0
Bedrooms
1
Bathrooms
508 sqft
Interior
2007
Year built
$600 / mo
HOA
Condominium
Type
About this home
Elevated Miami living awaits at Opera Tower! Perched high above the city on the 32nd floor, this bright studio residence offers an open, airy layout filled with natural light and a private balcony where city views unfold and a beautiful partial water view can be enjoyed toward Biscayne Bay. The versatile living space features sleek flooring, a functional kitchen with stainless steel appliances, generous storage, and a full bath. Perfect as a stylish Miami home, pied-à-terre, or investment opportunity. Opera Tower delivers a resort-inspired lifestyle with an oversized heated pool, state-of-the-art fitness center, whirlpool spa, BBQ area, valet service, on-site management and 24/7 security. Ideally positioned in vibrant Edgewater, directly across from Margaret Pace Park and moments from Biscayne Bay, Downtown Miami, Wynwood, the Design District, Brickell, dining, shopping, entertainment and Miami Beach. An exceptional opportunity to enjoy the energy, views and lifestyle of Miami.
Features
- Elevator
- Open Balcony
- Ocean View
- Water View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$1,965
Loan payment and HOA only. Property tax and insurance are significant here and are included.
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.