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Condominium at 253 NE 2nd St # 3907, Miami FL 33132Pending
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Waterfront · Condominium
$342,000$541 / sqft

253 NE 2nd St # 3907, Miami FL 33132

0
Bedrooms
1
Bathrooms
632 sqft
Interior
2008
Year built
$793 / mo
HOA
Condominium
Type

About this home

Experience breathtaking direct views of Biscayne Bay and Bayside Park from this open-concept studio, offering the feeling of living in a Miami postcard. The residence features a spacious private balcony and an Italian-designed kitchen with stone countertops and stainless steel appliances. Enjoy an exceptional collection of resort-style amenities, including a stunning swimming pool, state-of-the-art fitness center, spa with cold plunge, running trail, business center, and stylish clubroom. Located in the heart of Downtown Miami, this home offers unbeatable walkability—no car needed. Just steps from the Bayside waterfront promenade, Whole Foods Market, Silverspot Cinema, and the Metromover station, you'll have convenient access to the best shopping, dining, entertainment, and transportation Downtown Miami has to offer. Easy showing via show Assist only preferably 24 hrs Notice.

Features

  • Other
  • Open Balcony
  • Bay
  • Ocean View
  • Pool Area View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$2,522

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$1,729
HOA
$793 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Cervera Real Estate Inc.

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.