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Waterfront · Condominium
$650,000$934 / sqft
1100 West Ave # 510, Miami Beach FL 33139
Listed
1
Bedrooms
1
Bathrooms
696 sqft
Interior
2008
Year built
$2,405 / mo
HOA
Condominium
Type
About this home
Turnkey Bayfront Beauty at the Mondrian – Not in the Hotel Program! Agents — this is the kind of opportunity your buyers are looking for. A direct bay view with a balcony where every sunrise and sunset becomes part of daily life. This spacious one-bedroom, one-bathroom unit comes fully furnished, renovated, and completely turnkey, ready for your client to enjoy or rent immediately. What makes this unit even more attractive? It’s NOT part of the hotel program, giving owners maximum flexibility and control. Plus, with daily rentals allowed, it’s a rare income producing asset in a world-class location. Your buyers will love the Mondrian lifestyle, full access to the newly renovated pool deck, waterfront gym, spa, indoor-outdoor bar, bayfront restaurant, valet parking, & more.
Features
- Fire Sprinklers
- Open Balcony
- Bay
- Ocean View
- Skyline
Leasing
- Minimum lease
- 1 day
- Leases permitted per year
- 365
- Daily Rentals Allowed
- Ok To Lease
- Okay To Lease 1st Year
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 Miami Beach, from 200 active listings; the middle half ask $2,300–$3,850.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.