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3
Bedrooms
2
Bathrooms
1,418 sqft
Interior
2004
Year built
$1,631 / mo
HOA
Condominium
Type
About this home
Rare 3-bedroom, 2-bath penthouse-level residence at Neo Lofts, one of the most sought-after loft addresses on the Miami River. Spanning 1,418 SF — among the largest floorplans in the building — this sun-drenched loft impresses with soaring 9-foot ceilings, oversized windows, and an open, airy layout that feels both dramatic and effortlessly livable. Wake up to river and city views, and unwind on your private balcony as boats drift by below. Thoughtfully designed by architect Chad Oppenheim, Neo Lofts blends industrial-chic style with resort-level living: 24-hour security, valet, infinity-edge pool, fitness center, lighted tennis court, dog park, business center, and an on-site market & café. Minutes from Brickell and Downtown Miami, this address puts the city's best dining, culture and waterfront at your doorstep. A rare chance to own one of Neo Lofts' coveted 3-bedroom penthouses — schedule your private showing today. Tenant occupied until Sep 1.
Features
- Cooking Island
- Elevator
- Loft
- Tennis Court(s)
- Pool Area View
- River
Leasing
- Minimum lease
- 120 days
- Leases permitted per year
- 2
- 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.
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 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,900–$12,000.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.