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Waterfront · Condominium
$299,000$542 / sqft
1200 West Avenue # 324, Miami Beach FL 33139
Listed
0
Bedrooms
1
Bathrooms
552 sqft
Interior
1965
Year built
$699 / mo
HOA
Condominium
Type
About this home
EXCEPTIONAL VALUE AT THE MIRADOR FOR $299,000! This beautifully remodeled, fully furnished studio offers stunning wide bay views, an oversized private balcony & no outstanding assessments. The open kitchen features white quartz countertops, sleek gray cabinetry & Samsung black stainless steel appliances. Engineered hardwood floors, a custom bar with wine cooler & a renovated bathroom with a glass-enclosed shower complete this move-in-ready retreat. Enjoy high-speed internet, cable, fitness center access, a waterfront swimming pool & a 24-hour front desk. Ideally located near Lincoln Road, Whole Foods, shopping, dining & the beach. Perfect as a primary residence, vacation getaway or waterfront investment, this attractively priced condo delivers style, convenience & the Miami Beach lifestyle
Features
- Bar
- Built-in Features
- No Interior Features
- Studio Apartment
- Open Balcony
- Bay
- Bay View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
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 in Miami Beach, from 200 active listings; the middle half ask $1,850–$3,300.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.