WorkspaceDiscover
Florida research

Condo · Miami Beach · Miami-Dade County

811 Jefferson Ave #102, Miami Beach

Individual condo marketed for investor income with existing tenancy. Source says the lease ends in the first quarter of 2027; exact date is unknown.

Recorded status: Broker page reported active; recheck availability. Checked: .

Dated listing record · recheck availability and legal unit count.

Reported gross yield
8.0%
Rent ÷ asking price
Asking price
$270,000

Monthly rent · Reported: $1,800/mo

Estimated annual NOI
$889
Before debt and capital reserves
Estimated cap rate
0.3%
Modeled NOI ÷ purchase price
Est. cash flow / mo
$20
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

InputValueBasis
Total scheduled rent per month$1,800Matches source observation
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$1,800Matches planning allowance
Annual owner-paid utilities$600Matches planning allowance
Monthly HOA or condo fees$737Matches source observation
Other annual operating expenses$600Matches 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 condo offered

Reported units
1
Reported listing area
467 sq ft
Asking / reported sq ft
$578
Rent / year
$21,600
HOA / month
$737
Historical property tax / year
$3,767
HOA + historical tax / month
$1,051
CALCULATED FROM REPORTED FIGURES

$749/month of reported rent remains after HOA and historical tax, before other costs and financing. This is not net cash flow.

HOA + historical tax only. Excludes insurance, assessments, upkeep and financing; buyer taxes can change.

Broker info & key considerations To confirm
  • Confirm actual HOA charges, reserves, assessments, rental limits and tenant lease. No exact lease-end date has been inferred from the quarter.
  • Tenant occupancy, lease terms, income, costs and current listing availability have not been independently verified.
  • Tenant occupancy limits showings. Any visit requires authorized coordination.
Source evidence and diligence

Financial figures observed Sep 25, 2026. Reported income is not audited collections. Editable estimates, financing and saved assumptions are separate from these source facts.

Gross rental yield basis

Source-reported as of Sep 25, 2026 whole-property annual base rent divided by asking price, before vacancy, expenses and financing. Freshness is unverified. This is not cap rate or a guaranteed return. Excludes separate fees and membership income.

Sources

Questions to resolve

  • Obtain the signed lease, tenant estoppel, deposit accounting and collection history.
  • Obtain a trailing operating statement, insurance quotes and a buyer property-tax estimate.
  • Confirm title, legal use, municipal jurisdiction, permitted area and possession terms.
  • Review condo financials, reserves, assessments, rental rules and approval requirements.
How siEarn separates facts, estimates and unknowns

Similar properties

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