, MIAMI, FL, 33125
Active145 days on marketListed Feb 24, 2026MLS #A11969241
About this home
The building will undergo renovations during business hours, so the rent is set lower for this reason. Good opportunity to live in a beautiful apartment at a discounted rent. Beautiful unfurnished 2-bedroom, 2-bath residence with stunning riverfront views located in the desirable Serenity on the River, a quiet gated community with 24-hour security. This bright, sunny, spacious apartment offers a comfortable layout, beautiful views of a marina and park from the balcony, and a peaceful atmosphere. The apartment was recently painted (white), giving it a fresh look. A new AC was installed, and the AC ducts were deep-cleaned. New microwave oven in the kitchen. Enjoy the amenities, including a pool, gym, jacuzzi, and laundry facilities on every floor. Ideally situated with immediate access to major roads and highways, minutes from Brickell, Downtown Miami, the Health District, and Marlins Stadium, and within close proximity to River Landing Mall for shopping, dining, and everyday convenience. NOTE: Some photos are staged with furniture for visualization purposes
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
899
Sqft
1
Garage
1986
Year built
$3
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$177 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$177/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Miami actives
$3 vs $491
Days on market
145 vs 26 typical
Where $3/sqft sits among the 400 Miami actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
The investor lens
Two ways this home pays
This home sits inside Serenity, a community zoned to allow true short-term rentals — so it can earn as a nightly rental or a traditional lease. Here’s how the two paths compare.
Short-term rental
Zoned & eligible
Projected nightly rate, occupancy and annual revenue for this exact home.
Long-term rental
$2,650/mo median
Live Miami rental listing data — this home’s rate depends on size, condition and furnishing.
Where it sits
Inside Allapattah
Serenity is a short-term-rental community. See the full guide →
Allapattah — neighborhood snapshot
Population
43,849
Median age
45
Median income
$38,607
Median home value
$353,196
Avg household
3
Households w/ children
4,519
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami market
$495K → $560K
Miami median sold, yr/yr
98.2%
Sale-to-list ratio (12 mo)
44 of 400
Miami actives have cut their price
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 99% below the MIAMI 33125 median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Nov ’25$220,000
1720 NW N River Dr # 203, Miami FL 33125 · same community
1 bd · 1 ba · 634 sqft · $347/sqft · 150 DOM
Sold · May ’26$185,000
1720 NW N River Dr # 613, Miami FL 33125 · same community
1 bd · 1 ba · 634 sqft · $292/sqft · 42 DOM
Sold · Dec ’25$315,000
1 Glen Royal Pkwy # 1207, Miami FL 33125
2 bd · 2 ba · 904 sqft · $348/sqft · 196 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Lyra Rae
Realtor · CENTURY 21 Edge
Tours, negotiation, and every question about — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for — before you fall in love.
See it in person
Schedule a tour
Live availability from Lyra's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
FAQs
What would the monthly payment be for ?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $177/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
Can be rented short-term?+
Yes — this home sits inside Serenity, a community zoned to allow short-term rentals. Nightly-rental income could change the math on this purchase entirely; request a free rental income analysis and our team will prepare projections for this exact home.
Are pets allowed at ?+
The listing reports pets: No. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Miami?+
At $2,350, this home is listed about 100% below the Miami median of $500,000. The market section on this page shows how the area is trending.
Which schools are assigned to ?+
Paul Laurence Dunbar K-8 Center (elementary), Booker T. Washington Senior High (high), District Instructional Center (Dic) (), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Under the MIAMI 33125 market on paper
$2,350 is 99% below the MIAMI 33125 median of $277,450, and at $3/sqft it sits under the Miami average of $469.
02Zoned for nightly rentals
Serenity is one of the communities zoned to allow true short-term rentals — nightly income could change the math on this purchase entirely. Ask for the free rental analysis below.
03Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
04Time on market is leverage
145 days on market against a Miami median of 26 — sellers in this position are usually ready to negotiate.
05The price has already moved
Listed at $2,650, now $2,350 — a $300 cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of Habitare International LLC · Maria Campos. MLS #A11969241.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
Never miss a listing
New Miami homes, in your inbox
Like but not quite? A daily digest of every new listing in Miami — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask Lyra to ping you on any price or status change →