WorkspaceDiscoverCondo · Miami · Miami-Dade County
200 Biscayne Boulevard Way #3209, Miami
River/city views advertised; one bedroom and one-and-a-half bathrooms.
Recorded status: Public page reports for sale; recheck availability. Checked: .
Dated listing record · recheck availability and legal unit count.
- Est. gross yield at asking
- 4.9% Estimate · rent potential ÷ asking price
- Asking price
- $529,000
Rent potential · Estimate: $2,150/moBroader city benchmark; location, condition and rental rules need review.
- Estimated annual NOI
- -$8,514 Before debt and capital reserves
- Estimated cap rate
- -1.6% Modeled NOI ÷ purchase price
- Est. cash flow / mo
- -$774 All cash · after reserves
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 | $2,150 | City listing benchmark |
| 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) | 2% | Matches planning allowance |
| Annual insurance | $1,800 | Matches planning allowance |
| Annual owner-paid utilities | $600 | Matches planning allowance |
| Monthly HOA or condo fees | $1,350 | 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 1-bedroom condo; 799 interior SF.
- Reported units
- 1
- Reported listing area
- 799 sq ft
- Asking / reported sq ft
- $662
- HOA / month
- $1,350
Broker info & key considerations To confirm
- All-cash listing terms. Confirm financing eligibility separately. No current special assessment and completed SIRS are seller claims, not reviewed association evidence.
- Public page reviewed November 6, 2026 from a cached web result; availability, asking price and HOA require current confirmation.
- No private river frontage or deeded dock is established. Association budget, reserves, assessments, insurance and lender eligibility remain unverified.
- Annual tax field lacks a clear tax year; retained as unknown pending county verification.
Source evidence and diligence
Financial figures observed Nov 6, 2026. Reported income is not audited collections. Editable estimates, financing and saved assumptions are separate from these source facts.
Gross rental yield basis
Displayed whole-property scheduled rent × 12 divided by source asking price, not your saved offer. City listing benchmark: Screening policy using 3 distinct Miami city-wide listing observations of the same property type and offered unit count, exact total bedrooms and interior area within 25%. Rent is scaled by total interior area. The selected amount is the lowest scaled observation less a 25% policy allowance; the upper comparison range adds 25%. This range is not a statistical confidence interval or market appraisal. These dated listing rents do not establish the subject’s leases, collections, condition, permitted use or turnover cost. Full-occupancy potential before vacancy, operating costs, financing and income tax; not current collections, cap rate or cash return.
Sources
- Public sale listing · reviewed November 6, 2026; cached page, not live MLSSource observation · Nov 6, 2026
- Building setting only · not unit view or private frontageSource observation · Nov 6, 2026
Questions to resolve
- Confirm exact-unit availability, sale terms and HOA with the listing agent.
- Obtain current association budget, reserves/SIRS, assessments, estoppel, insurance and lender review.
Similar properties
- 475 Brickell Ave #612, Miami: condo, asking $569,000
- 7135 Collins Ave #435, Miami Beach: condo, asking $581,000
- 31 SE 5th St #3916, Miami: condo, asking $590,000
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