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Waterfront · Condominium
$590,000$758 / sqft
1200 Brickell Bay Dr # 2007, Miami FL 33131
Listed
1
Bedrooms
1
Bathrooms
778 sqft
Interior
2004
Year built
$585 / mo
HOA
Condominium
Type
About this home
1/1 BAY VIEW AT RENOWNED building "THE CLUB AT BRICKELL BAY" in the HEART OF BRICKELL. LOCATION LOCATION GREAT INCOME PRODUCING UNIT. AIRBNB APPROVED. NO SHORT TERM RENTAL RESTRICTIONS. CLOSING COSTS ASSISTANCE. Potential AIRBNB INCOME of $120,000/year!!!! The building has many great amenities: two pools, jacuzzi, fully equipped gym, lounge room children playroom and valet parking. Located in Miami's financial district, indulge in convenience with shops, restaurants, and public transportation at your doorstep. Don't miss out on this incredible opportunity. HOA includes Internet, cable and water. PRIVATE LOAN AVAILABLE WITH MINIMUM 30% Down Payment plus closing costs.
Features
- First Floor Entry
- Elevator
- Walk-In Closet(s)
- Open Balcony
- Other
- Bay
- Pool Area View
- Water View
Leasing
- Minimum lease
- 10 days
- Leases permitted per year
- 10
- Daily Rentals Allowed
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 1-bed rentals in Brickell, from 200 active listings; the middle half ask $3,000–$4,200.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.