Sold Aug 9, 2026
$329,000About this home
Exceptional investment opportunity at Quantum on the Bay! This tenant-occupied studio is currently generating $2,000 per month—$24,000 in annual gross rental income—providing immediate income from day one. Located on the 17th floor, this spacious 594-square-foot residence features an open layout, one full bathroom, abundant natural light, and a modern kitchen with stainless-steel appliances. Quantum on the Bay is a full-service waterfront condominium in Miami's desirable Edgewater neighborhood, directly across from Margaret Pace Park and minutes from Downtown Miami, Brickell, Wynwood, the Design District, Miami Beach, Kaseya Center, shopping, dining, and entertainment. Ideal for an investor seeking a centrally located Miami property with an established tenant and immediate rental income. Buyer must assume the existing lease.
Listing last checked: Listing updated:
Listed by Clara Robinson · KeyStone USA Realty LLC · MLS #B26073307
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Details at a glance
Interior3 property facts
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Flooring
- Wood
Building6 property facts
- Style
- Condominium
- Year built
- 2007
- Garage
- 1
- Parking
- 1
- Foundation
- Block
- Roof
- Aluminum, Composition
Land & utilities4 property facts
- Lot size
- 0 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- 5000
Financial3 property facts
- Annual taxes
- $4,421
- Assessment year
- 2025
- HOA fee
- $535 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $329,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$2,032 / monthAdjust
- Principal & interest
- $1,664
- Property tax
- $368
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $4,421. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $535. The billing period was not supplied; confirm the monthly amount before adding it.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Ter
$329,000 · Feb 13, 2026
More property insights
Comparable properties 2 supplied
Sold Aug 18, 2026
$305,000511 SE 5th Avenue #1118
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About 1900 N Bayshore Drive #1705
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