Axis on Brickell #5404
+ photos soon
  • In-unit laundry
  • High floor
  • Renovated 2024
Rent + SaleBrickellFloor 54 · Miami River

#5404 · Axis on Brickell

1111 SW 1st Ave, Miami, FL 33130

$721,000

$690/sqft · Asking

$4,390/mo

24d on market

2

Beds

2

Baths

1,045

SqFt

// overview

2BR on the 54th floor · Miami River exposure

1,045 sqft inside Axis on Brickell, a 37-floor tower built in 2008. Axis on Brickell is a two-tower, 718-unit complex with two of the largest pool decks in the Brickell corridor. 30+ night short-term rentals are allowed, ideal for corporate housing and mid-term stays of professionals relocating to Miami's financial hub.

Suggested offer range

$4,083 $4,171/ mo

Based on the average list-to-final ratio for comparable units in the building (95%). Asking $4,390/mo.

Bedrooms

2

Baths

2

SqFt

1,045

Floor

54

View

Miami River

$/sqft

$690

DOM

24d

// numbers · investment analysis

Configure the deal

Editable assumptions. Defaults from this building's HOA, FL tax and insurance rates.

Cap rate

2.8%

NOI / price

Cash-on-cash

-12.1%

Annual / cash invested

$ / sqft

$690

Monthly cash flow

$-2,032

Negative

Loan amount$540,750
Down payment$180,250
Cash invested (incl. ~3% closing)$201,880

Monthly

P&I$3,689
Property tax$1,172
Insurance$161
HOA$742
Property mgmt$439
Vacancy reserve$220
Total monthly out$6,422
Expected rent$4,390
Monthly cash flow$-2,032

Reference estimates. Not a firm offer. DCH Team can coordinate pre-approval with local lenders.

// the building

Axis on Brickell

Axis on Brickell

Two-tower complex with one of the largest pool decks in Brickell. Liquid inventory for mid-term STR stays (30+ nights).

Units
718
Built
2008
Strategy
Hold · STR
Avg rent
$3,400 / mo
View full building report →
// location

1111 SW 1st Ave, Miami, FL 33130

Brickell · Miami

We already operate inside Axis on Brickell.

We know its rules, tenant profile and live comps. Talk to us before you buy — or list this unit with us if you own it.

Talk to DCH