1443 Biscayne Blvd #3602
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
From a conservative investment perspective, this property is non-viable due to severe negative cash flow. With a monthly deficit of $6,926.82, the investor loses over $83,000 annually. Even factoring in the 4% expected appreciation—which yields roughly $69,196 in paper gains—the property still suffers a net annual loss of approximately $14,000. The rental yield of 1.26% is drastically below the current risk-free rate and typical Miami market benchmarks. The capital required to carry this asset far outweighs the projected growth, making it a liability rather than a wealth-generating investment. It serves more as a luxury lifestyle asset than a sound financial vehicle.
- • Prime location on Biscayne Blvd with high desirability
- • Large 1,303 sqft floor plan for a 2-bedroom unit
- • Strong historical appreciation trends in the Miami luxury sector
- • Catastrophic monthly negative cash flow exceeding $6,900
- • Abysmally low rental yield of 1.26%, failing to cover basic carrying costs
- • High entry price point creates significant capital exposure
- • Total annual operating losses exceed projected annual appreciation gains
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2023-12-02 | Listed for sale | $1,729,900 | $1,328 |
| 2023-11-23 | Listing removed | $1,729,900 | $1,328 |
| 2023-10-07 | Listed for sale | $1,729,900 | $1,328 |
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: $10,144/yr
On $397,877 invested
Negative debt coverage
Equity + cumulative cash
Monthly Cash Flow Breakdown
Similar Properties Nearby
Explore other investment opportunities in Miami.