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Active
Waterfront · Condominium
$398,500$673 / sqft

20 Island Ave # 315, Miami Beach FL 33139

0
Bedrooms
1
Bathrooms
592 sqft
Interior
1962
Year built
$629 / mo
HOA
Condominium
Type

About this home

Enjoy unobstructed bay views, swaying palm trees, and spectacular sunrises and sunsets from this spacious studio at Belle Plaza. Bright and inviting, the home features tile flooring in a light wood finish, an updated bathroom, an immaculately maintained kitchen, impact windows for peace of mind, and a large walk-in closet. Enjoy the convenience of third-floor living with the option of the elevator or stairs. Just one block from The Standard Hotel and minutes from Sunset Harbour, Lincoln Road, grocery stores, and the beach. You'll enjoy one of Miami Beach's most desirable locations on the Venetian Causeway. Community amenities include assigned parking, a bayfront pool and hot tub, fitness center, laundry facilities on each floor, bike storage, paddleboard and kayak storage, a storage cubby, and a renovated, quite, and comfortable card room. Immediate rentals permitted. Whether you're looking for a full-time residence, a pied-à-terre, or an investment opportunity, this studio offers the perfect combination of location, lifestyle, and value.

Features

  • Interior Hall
  • Lobby
  • Fire Sprinklers
  • Walk-In Closet(s)
  • Other
  • Bay
  • Pool Area View
  • Water View

Location

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

Estimated loan & HOA

$2,644

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

Principal & interest
$2,015
HOA
$629 / 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
Redfin Corporation

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.