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Pending
Waterfront · Condominium
$2,300,000$1,222 / sqft

Miami, FL, 33133

2
Bedrooms
2
Bathrooms
1,882 sqft
Interior
1979
Year built
$2,840 / mo
HOA
Condominium
Type

About this home

Come to paradise on this private, secure island offering resort-style living at its finest. Enjoy multiple swimming pools, tennis courts, expansive walking paths, and a children’s playground. Rarely available PH4 in Building 1, featuring a south exposure with unobstructed views of the Bay, the Ocean, and Coconut Grove. This 2-bedroom, 2-bath split floor plan residence is beautifully updated with custom built-ins and opens to a large private balcony, perfect for relaxing or entertaining while taking in breathtaking vistas. Walking distance to Coconut Grove, restaurants and shops.

Features

  • First Floor Entry
  • East Of Us1
  • Open Balcony
  • Bay
  • Ocean View
  • Water View

Estimated loan & HOA

$14,470

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

Principal & interest
$11,630
HOA
$2,840 / 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
New Wave Realty, LLC.

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.