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Waterfront · Condominium
$700,000$743 / sqft
1600 SW 1st Ave # 1103, Miami FL 33129
Listed
2
Bedrooms
2
Bathrooms
942 sqft
Interior
2016
Year built
$1,290 / mo
HOA
Condominium
Type
About this home
A rare opportunity to experience the best of Brickell with breathtaking water views. This coveted, east-facing 2-bedroom, 2-bathroom residence on the 11th floor commands stunning vistas of Biscayne Bay, beautifully complemented by sweeping, unobstructed views over Simpson Park’s lush tropical canopy. Start your mornings with spectacular sunrises over the water from your expansive 36-foot-long by 6-foot-deep glass balcony, where bay breezes, natural greenery, and ultimate privacy are right outside your door. Inside, floor-to-ceiling impact glass creates a peaceful, private sanctuary. Freshly painted and thoughtfully designed, this move-in-ready home is upgraded with custom California closets, sleek porcelain tile, premium European kitchen and bath cabinetry, high-end stainless-steel appliances, and contemporary glass-enclosed showers. Located in a highly sought-after, pet-friendly boutique tower of just 128 residences, Le Parc offers a rare combination of serenity and urban convenience. Step out the front door directly onto The Underline for a scenic run or bike ride, or enjoy Simpson Park right across the street. You are perfectly placed moments from Brickell’s celebrated shopping, dining, and entertainment. Premium Amenities & Extras Include: Rooftop sky lounge with Jacuzzi, resort pool, spa, and fitness center. Clubroom, business lounge, and children’s playroom. WiFi, cable, water, a storage unit, and 2 separate parking spaces included.
Features
- Interior Hall
- Lobby
- Closet Cabinetry
- Elevator
- Roman Tub
- Walk-In Closet(s)
- Storage
- Open Balcony
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–$6,200.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.