$549,000
Owner/agent Johanna Viac. DIRECT BAY VIEW, Investor opportunity! Modern 1-bedroom, 850 sq ft condo with stunning unobstructed direct Biscayne Bay views at Flamingo Towers. Currently rented at $3,490/month through May 2027—strong cash flow in place. Enjoy a private balcony overlooking the water. Located in the heart of South Beach, this waterfront condo offers prime walkability to Lincoln Road, Ocean Drive, dining, shopping, and the beach. Residents enjoy resort-style amenities: bayfront heated pools, 14,000 sq ft fitness center with yoga/spin, spa/hot tub, outdoor BBQ & lounge, dog park, baywalk promenade, tennis/basketball courts, business center, on-site café/restaurant, valet, and 24-hour security, dockage marina available. Rare tenant-occupied South Beach investment condo with bay views, modern style, and solid rental income until May 2027. Ideal for buyers seeking cash-flowing Miami Beach real estate in a highly desirable Flamingo South Beach community. Pet friendly.
The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.
How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.
Scope: ZIP codes 33139, 33140, 33141 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.
Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.
7.4% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 8, 2026.
Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.
Viac and Co, Inc.
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