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Listed
Located within an exclusive gated community offering 24-hour security, a golf course, tennis courts, & an on-site restaurant, this residence offers the flexibility to move in and enjoy today, renovate to your taste, or build a brand-new custom home. Situated at approximately 8' of elevation with 65' of waterfront, the property features a private dock, swimming pool, & generous covered outdoor living space overlooking the water. The existing home offers comfortable, open living areas with beautiful water views & an easy indoor-outdoor flow. Additional features include a garage, covered carport, spacious driveway, & mature tropical landscaping. A rare opportunity for an end user, renovator, or buyer looking for an exceptional waterfront homesite.
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
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 3-bed rentals in Miami Beach, from 19 active listings; the middle half ask $6,500–$17,500.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.
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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