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Listed
Renovated 2 bed / 2 bath in Bay Harbor Islands with a private spacious balcony. Motivated seller. Steps to Kane Concourse dining, minutes to the beach, Surfside and Bal Harbour Shops, houses of worship, and zoned for A-rated Ruth K Broad K-8. 50-year recertification complete, plus a new roof with the special assessment paid by seller. The updated kitchen has sleek white cabinetry, glass tile backsplash, built-in wall ovens and a new Samsung French door refrigerator, opening to the dining area and an oversized living room. Wood floors, recessed lighting, new impact windows and doors (2024), smart lock, smart thermostat and 7-stage reverse osmosis water filtration. Both bedrooms feature en suite baths. The primary adds a walk-in closet, custom built-ins and a walk-in shower, and the second has large windows, plenty of storage and a tub. Building has renovated lobby, pool deck with BBQ area, gym, billiards, club room, sauna and bike storage. Includes 1 parking space, guest parking and assigned extra storage room. Water, internet and cable included.
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.
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.
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.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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