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Condominium
$480,000$474 / sqft
1111 SW 1st Ave # 1123N, Miami FL 33130
Listed
2
Bedrooms
2
Bathrooms
1,013 sqft
Interior
2008
Year built
$1,200 / mo
HOA
Condominium
Type
About this home
REDUCED FOR FAST SALE!-RENTED AT $3150/MO UNTIL MAY 2027. Excellent opportunity to own a high-demand 2/2 condo in one of Brickell’s most connected buildings, The Axis. This efficient 1,013 SF layout features the highly sought-after split bedroom configuration, maximizing privacy for roommates or families. The unit offers an open-concept kitchen with island seating, track lighting, and stainless steel appliances. Key features include a dedicated laundry closet, spacious walk-in closets, and a massive balcony running the length of the unit with skyline views. Special assessment of $302 per month until May 2028 for elevator modernization.
Features
- Interior Hall
- Lobby
- Split Bedroom
- Walk-In Closet(s)
- Open Balcony
- Other View
Leasing
- Minimum lease
- 30 days
- Leases permitted per year
- 12
- Ok To Lease
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.
Location
Run the numbers
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 2-bed rentals in Brickell, from 200 active listings; the middle half ask $4,000–$6,500.That is what landlords ask, not what units let for — edit it if you know better.
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 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.