This 1-bed, 1-bath, 1,267 sqft apartment in Downtown Miami has recently been listed for rent between $4,925 and $5,250, with the most recent July 2025 rental at $4,950. This is well above the Miami citywide average for 1-bedroom units, which hovers around $2,020–$2,550, reflecting the premium for size, location, and loft-style layouts in this building. Estimated annual revenue ranges from $59K to $63K. Payback period, based on a $575K valuation, is approximately 9–10 years, not accounting for HOA ($1,530/mo) or property taxes. The area shows steady demand, with rents up ~1–2% year-over-year and quick turnover for downtown units. Features like in-unit laundry, large open floorplan, and garage parking add to rental appeal, but the high HOA fee and moderate school ratings are potential challenges.

To maximize rental income, consider modernizing finishes or offering flexible furnished and unfurnished options—this appeals to Miami’s transient professional tenant base. If selling, highlight the unit’s unique size and loft character, rare for downtown. For owners, tightening expenses (especially HOA or insurance) or negotiating bundled amenities could improve net returns. If marketing, emphasize proximity to Wynwood, Edgewater, and nightlife to draw high-paying tenants.