All listings
Pending
Pending1 / 34
Photo 1 of 34
Waterfront · Condominium
$430,000$510 / sqft
690 SW 1st Ct # 2507, Miami FL 33130
Listed
1
Bedrooms
2
Bathrooms
843 sqft
Interior
2006
Year built
$1,028 / mo
HOA
Condominium
Type
About this home
Elevated loft living in the heart of Brickell. Perched on the 25th floor of Neo Vertika, this fully reimagined two-story loft offers 843 SF of thoughtfully designed living space with 1 bedroom and 1.5 baths. Smart home technology and dramatic floor-to-ceiling glass across both levels frame sweeping, unobstructed views of the Miami River and city skyline, while two private balconies extend the living experience outdoors. Completely remodeled with a sleek, modern aesthetic, the residence features a removable kitchen island, a generous walk-in closet and an open loft layout that captures the energy of Brickell living. Equally compelling as a sophisticated city residence or an addition to an investment portfolio. Currently tenant-occupied and income-producing, this offers immediate investment appeal along with the long-term lifestyle value of owning in one of Brickell’s most distinctive loft buildings.
Features
- Other
- Open Balcony
- Other View
- River
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- Ok To Lease
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.
Location
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 1-bed rentals in Brickell, from 200 active listings; the middle half ask $3,000–$4,200.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.