1448 Biscayne Blvd #3903
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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
This property represents a high-risk luxury speculation rather than a sound income-producing investment. With a rental yield of only 1.8% and a staggering negative monthly cash flow exceeding $8,100, the investor is essentially subsidizing the tenant's lifestyle. Even assuming a steady 4% annual appreciation, the carry cost of nearly $97,222 annually significantly outweighs the projected equity gain of approximately $91,198 in the first year. In the current interest rate environment, the opportunity cost is immense. Miami's luxury condo market remains vulnerable to rising HOA fees and soaring insurance premiums, further threatening long-term net returns. Unless the objective is a pure lifestyle purchase, the math does not support this as a viable investment.
- • Prime Biscayne Blvd location with high demand for luxury amenities
- • Generous 1,819 square footage providing a competitive edge in the rental market
- • Consistent 4% projected appreciation in a high-growth metropolitan area
- • Extreme negative cash flow of -$8,101 per month creates massive capital drain
- • Rental yield of 1.8% is significantly lower than current risk-free Treasury yields
- • High vulnerability to rising Florida property insurance costs and potential HOA assessments
- • Annual appreciation does not cover the total cost of carry, leading to net losses
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2023-12-19 | Price change | $2,279,954 | $1,253 |
| 2023-12-02 | Listed for sale | $2,150,900 | $1,182 |
| 2023-11-24 | Listing removed | $2,150,900 | $1,182 |
| 2023-10-07 | Listed for sale | $2,150,900 | $1,182 |
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: $23,593/yr
On $524,389 invested
Negative debt coverage
Equity + cumulative cash
Monthly Cash Flow Breakdown
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