WIND by Neo #3604
+ photos soon
  • Renovated 2024
  • In-unit laundry
  • High floor
Rent + SaleDowntownFloor 36 · Pool

#3604 · WIND by Neo

350 S Miami Ave, Miami, FL 33130

$729,000

$615/sqft · Asking

$3,830/mo

16d on market

2

Beds

2

Baths

1,185

SqFt

// overview

2BR on the 36th floor · Pool exposure

1,185 sqft inside WIND by Neo, a 42-floor tower built in 2008. WIND by Neo is one of the few downtown towers approved for daily rentals with no minimum-night restrictions. Stable ADR, booking cycles under 30 days.

Suggested offer range

$3,715 $3,792/ mo

Based on the average list-to-final ratio for comparable units in the building (99%). Asking $3,830/mo.

Bedrooms

2

Baths

2

SqFt

1,185

Floor

36

View

Pool

$/sqft

$615

DOM

16d

// numbers · investment analysis

Configure the deal

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

Cap rate

1.8%

NOI / price

Cash-on-cash

-15.6%

Annual / cash invested

$ / sqft

$615

Monthly cash flow

$-2,647

Negative

Loan amount$546,750
Down payment$182,250
Cash invested (incl. ~3% closing)$204,120

Monthly

P&I$3,730
Property tax$1,185
Insurance$183
HOA$806
Property mgmt$383
Vacancy reserve$192
Total monthly out$6,477
Expected rent$3,830
Monthly cash flow$-2,647

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

// the building

WIND by Neo

WIND by Neo

One of the few downtown towers with unrestricted daily STR. Aggressive underwriting, payment cycles under 30 days.

Units
489
Built
2008
Strategy
Hold · STR
Avg rent
$3,200 / mo
View full building report →
// location

350 S Miami Ave, Miami, FL 33130

Downtown · Miami

We already operate inside WIND by Neo.

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