Opera Tower #1603
+ photos soon
  • Renovated 2024
  • Walk-in closet
  • Private balcony
For saleEdgewaterFloor 16 · City

#1603 · Opera Tower

1750 N Bayshore Dr, Miami, FL 33132

$513,000

$580/sqft · Asking

1

Beds

1

Baths

885

SqFt

// overview

1BR on the 16th floor · City exposure

885 sqft inside Opera Tower, a 56-floor tower built in 2007. Opera Tower is the largest and most liquid inventory in the DCH portfolio. Daily STR allowed, private marina on Biscayne Bay, 56 floors with stable year-over-year ADR..

Bedrooms

1

Baths

1

SqFt

885

Floor

16

View

City

$/sqft

$580

DOM

86d

// numbers · investment analysis

Configure the deal

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

Cap rate

2.6%

NOI / price

Cash-on-cash

-12.6%

Annual / cash invested

$ / sqft

$580

Monthly cash flow

$-1,510

Negative

Loan amount$384,750
Down payment$128,250
Cash invested (incl. ~3% closing)$143,640

Monthly

P&I$2,625
Property tax$834
Insurance$136
HOA$549
Property mgmt$310
Vacancy reserve$155
Total monthly out$4,608
Expected rent$3,098
Monthly cash flow$-1,510

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

// the building

Opera Tower

Opera Tower

Deep, liquid inventory with daily STR allowed. Workhorse of the DCH portfolio — booking cycles under 30 days and stable year-over-year ADR.

Units
635
Built
2007
Strategy
Hold · STR
Avg rent
$3,150 / mo
View full building report →
// location

1750 N Bayshore Dr, Miami, FL 33132

Edgewater · Miami

We already operate inside Opera Tower.

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