1040 Biscayne Blvd APT 4403
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
Nearby Schools
Educational options and performance ratings in the area.
Phyllis Wheatley Elementary School
Jose De Diego Middle School
Booker T. Washington Senior High School
Miami, FL Investment Analysis (2026)
Cap Rate Range: 5.4% - 6.6% · Median Rent: $3,400/mo · Effective Tax: 0.91%
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
Analyzing property data...
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-02-26 | Listed for rent | $26,000 | $6 |
| 2026-02-26 | Listing removed | $26,000 | $6 |
| 2026-01-19 | Listed for rent | $26,000 | $6 |
| 2026-01-14 | Price change | $4,900,000 | $1,132 |
| 2025-12-09 | Listing removed | $35,000 | $8 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $63,478.2 | $2,905,870 |
| 2023 | $55,538.32 | $2,641,700 |
| 2022 | $38,143.3 | $1,670,884 |
| 2021 | $35,852.52 | $1,651,072 |
| 2020 | $35,937.55 | $1,651,072 |
Property Specs
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $133,969/yr
On $1,127,000 invested
Negative debt coverage
Equity + cumulative cash
Monthly Cash Flow Breakdown
Similar Properties Nearby
Explore other investment opportunities in Miami.