OFF_MARKETRisky Deal142 days on market

1447 Biscayne Blvd #1901

1447 Biscayne Blvd #1901, Miami, FL 33132, Miami, FL 33132
$2,359,900

Listing Price

Property image 1
1447 Biscayne Blvd #1901, Miami, FL 33132
Loc: Miami, FL
Days Listed
142
Rent Estimate
$6,561/mo
Est. Cash Flow base
Type
apartment

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.

4.9
Safety Score
A+
Schools
Haven Underwritten Market·Moderate (1.10 - 1.24x)

Miami, FL Investment Analysis (2026)

Cap Rate Range: 5.4% - 6.6% · Median Rent: $3,400/mo · Effective Tax: 0.91%

Open Miami Market Underwrite

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Risky
Confidence Score: 2.5/10
Exercise caution due to potential market volatility.
Cap Rate
1.75%
Total ROI
-1.6%
Cash Flow
$-8,488/mo
DSCR
0.29
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Data provided by Haven AI. Disclaimer

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Haven AI

From a conservative investment standpoint, 1447 Biscayne Blvd #1901 is a high-risk asset primarily due to its severely negative cash flow of -$8,487.94 per month. A rental yield of 1.75% is significantly below the current risk-free rate and fails to cover basic debt service, taxes, and high Florida insurance premiums. While the 4% appreciation is a positive benchmark for Miami’s luxury corridor, it cannot compensate for an annual operating deficit exceeding $100,000. This property functions more as a lifestyle purchase or a speculative appreciation play rather than a viable income-producing investment. The massive capital burn makes it unsustainable for traditional portfolios.

Strengths
  • Prime luxury location on Biscayne Boulevard with high visibility
  • Generous square footage and 3-bedroom layout suitable for high-end tenants
  • Strong historical appreciation potential in the Miami urban core
Considerations
  • Extremely high monthly burn rate of approximately $8,500
  • Rental yield of 1.75% is insufficient to meet basic capitalization requirements
  • High sensitivity to Florida's volatile property insurance and HOA fee escalations
  • Capital intensive entry price with poor immediate ROI
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10-Year Price Projection

Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
35
Sq Ft
1,953
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $2,359,900Rent Basis: Observed Comp Model ($6,561/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $1,180/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
0.99%

NOI: $23,337/yr

Cash-on-Cash Yield
-22.8%

On $542,777 invested

DSCR Ratio
0.16x

Negative debt coverage

5-Yr Leveraged ROI
+-19.7%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$1,927/mo
Homeowner / Hazard Insurance-$1,180/mo
Vacancy Reserve (5% of rent)-$328/mo
Repairs & Maintenance (10% of rent)-$656/mo
Property Management (8% of rent)-$525/mo
Total Pure Operating Expenses-$4,616/mo
Net Investor Cash Flow
Gross Scheduled Rent+$6,561/mo
Less: Operating Expenses-$4,616/mo
Net Operating Income (NOI)+$1,945/mo
Less: Debt Service (30yr @ 6.75%)-$12,245/mo
Net Cash Flow
$-10,300/mo
$-123,604/year
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