PendingAbout this home
Spacious 1-bedroom, 1.5-bath residence offering 1,006 SF in one of Miami Beach's most desirable locations. This original-condition unit presents an outstanding opportunity to renovate and customize to your own taste while adding significant value. Needs TLC Perfectly situated directly across from a beachfront park which features expansive green space, a children's playground, and direct beach access just steps away. An additional park with outdoor fitness equipment is conveniently located behind the building. The spacious layout offers generous living and dining areas, and exceptional renovation potential. Conveniently located just three blocks from grocery stores, restaurants, and everyday essentials, with easy access to major hospitals, South Beach, and I-95. Includes one assigned parking space. Short-term rentals are not permitted, making this an ideal choice for owners seeking a peaceful residential community.
Features
- Lobby
- Elevator
- None
- Open Balcony
- Ocean View
- Water View
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $1,416
- HOA
- $1,210 / 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.
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.
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.