WorkspaceDiscoverCondo · Miami Beach · Miami-Dade County
8001 N Crespi Blvd #2C, Miami Beach
One individual canal-front waterfront condo with 2 bedrooms, 2 bathrooms and 1,038 living SF in Domino One. The broker explicitly describes a motivated seller, a $5,000 proposed credit toward the primary bathroom and building renovations in progress. Assessment payoff is a seller claim requiring association and closing records. Current rent and occupancy are not established.
Recorded status: Broker page reported active; research candidate. Checked: .
Dated listing record · recheck availability and legal unit count.
- Asking price
- $290,000
Monthly rent · Scenario: Not reported
Assumptions behind these estimates
Starting values for this brief. Change any of them in the interactive brief; your changes stay in your browser. Default values
| Input | Value | Basis |
|---|---|---|
| Total scheduled rent per month | Not set | Needs your estimate |
| Vacancy (%) | 5% | Matches planning allowance |
| Management (% of collected rent) | 8% | Matches planning allowance |
| Maintenance (% of total rent) | 5% | Matches planning allowance |
| Buyer annual tax assumption (% of price) | 1.88% | Matches planning allowance |
| Annual insurance | $1,800 | Matches planning allowance |
| Annual owner-paid utilities | $600 | Matches planning allowance |
| Monthly HOA or condo fees | $862 | Matches source observation |
| Other annual operating expenses | $600 | Matches planning allowance |
| Capital reserves (% of total rent) | 3% | Matches planning allowance |
| Down payment (%) | 100% | Matches planning allowance |
| Mortgage rate (%) | 7% | Matches planning allowance |
Unit mix & possession
One individual 2-bedroom / 2-bath condo residence, unit 2C. Lease and vacant-possession terms remain unconfirmed.
- Reported units
- 1
- Reported listing area
- 1,038 sq ft
- Reported year built
- 1969
- Asking / reported sq ft
- $279
- HOA / month
- $862
Why we’re tracking it
A $290,000 canal-waterfront research lead with an explicitly motivated seller and a proposed $5,000 bathroom credit. Nearby 7830 Dickens Ave #202, a 2-bedroom / 2-bath 1,040-SF unit, is reported closed at $295,000 on May 26, 2026. That small asking gap makes this a negotiation and condition comparison, not a proven below-market deal.
One individual 2-bedroom / 2-bath condo residence, unit 2C. Lease and vacant-possession terms remain unconfirmed.
Canal-front 2-bedroom / 2-bath condo with a split layout, balcony water views and 1,038 SF. The agent describes building renovations in progress, seller-paid assessments and a proposed $5,000 primary-bathroom credit.
Reported maintenance is $862/month. Obtain the unit assessment ledger, completion records and written credit terms; current rent and possession remain unconfirmed.
Listed by Upper Room Investments Group · via Bogatov Realty · observed Nov 2, 2026Read the full agent description at Upper Room Investments Group ↗Broker info & key considerations To confirm
Canal waterfront · motivated seller · proposed bathroom credit
Resolve assessments and building work, confirm possession and obtain condition-matched closed-sale comparisons and ownership costs.
- Reported $862 monthly maintenance is $10,344 annually before taxes, unit insurance, repairs and any financing; the broker tax figure has no established year and is not seeded as verified historical tax.
- Seller-paid special assessments, renovation completion and the proposed $5,000 bathroom credit require association records and the executed contract; do not deduct a credit automatically from price or costs.
- Nearby 7830 Dickens Ave #202 is reported closed at $295,000 on May 26, 2026, with 2 bedrooms / 2 baths and 1,040 SF. It is in a different building with different improvement and fee obligations; the $5,000 asking gap is not established equity.
- The current MLS has one observed asking cut; portal and broker dates differ. Prior sale-listing and rental events are not merged into a multiple-cut signal. Asking rents are not current leased income.
- Exact-MLS broker gallery visually reviewed; photos remain linked at the broker pending display rights.
Source evidence and diligence
Financial figures observed Nov 2, 2026. Reported income is not audited collections. Editable estimates, financing and saved assumptions are separate from these source facts.
Gross rental yield basis
Needs supported whole-property rent or your rent assumption and a positive asking price. Unknown rent is not zero.
Sources
- Upper Room Investments Group · via Bogatov Realty · MLS B26072533Source observation · Nov 2, 2026
- Sunny Realty · exact-unit active listing / B26072533Source observation · Nov 2, 2026
- BEX Realty · indexed exact-page closed-sale comparison / A11872491Source observation · Nov 2, 2026
Questions to resolve
- Obtain association budget, reserve / inspection records, renovation contracts and the exact unit assessment ledger and payoff.
- Verify current occupancy, executed lease if any, rental restrictions and permitted lease lengths.
- Inspect the primary bathroom and building work; confirm the proposed credit, insurance and buyer tax estimate.
- Compare condition, view, fees and closing terms with recent nearby closed sales before choosing a target price.
Similar properties
- 811 Jefferson Ave #102, Miami Beach: condo, asking $270,000
- 7235 NW 179th St #104, Hialeah: condo, asking $260,000
- 31 SE 5th St #409, Miami: condo, asking $359,000
Florida property research
Research scope includes Miami-Dade, Broward, the Florida Keys and Flagler County. Published observations vary by market.
[1] Gross yield excludes costs and financing. Source figures are unverified; estimates use editable assumptions. Check current listing availability. County records are separate from listings. Saves stay in this browser; export a backup before clearing site data. Sources & methods