Investment Opportunity - Nirvana Condominium, Miami. Beautifully renovated and fully furnished 1-bedroom, 1-bath apartment in MiMo's most desirable waterfront community. Enjoy a private balcony surrounded by lush tropical gardens. Currently rented for $2,700/month until July 2026 with excellent tenants who wish to renew, providing immediate and reliable income. Starting January 2026, a $447/month special assessment will fund the building's 40-year recertification. Nirvana offers resort-style amenities including two pools, jacuzzi, gym, beach area with kayaks, barbecue zones, 24-hour security, and gated parking. A secure and appreciating investment in one of Miami's trendiest neighborhoods, just minutes from the Design District, Wynwood, and Downtown.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
- BedroomOnMainLevel
- Flooring: Laminate
Appliances
- Dishwasher
- ElectricWaterHeater
- Microwave
- Refrigerator
- Laundry Features: CommonArea
Heating and Cooling
- Cooling Features: Electric
- Heating Features: Electric
- Heating: Yes
Exterior and Lot Features
- Balcony
- Patio And Porch Features: Balcony, Open
Waterfront and Water Access
Garage and Parking
- Covered Spaces: 1
- Garage Spaces: 1
- Parking Features: Underground, OneSpace
Home Features
- View: Garden
- Security Features: ComplexFenced, KeyCardEntry, SecurityGuard
Homeowners Association
- Association: Yes
- Association Amenities: FitnessCenter, Laundry, Elevators
- Association Fee: 950
- Association Fee Frequency: Monthly
- Association Fee Includes: CommonAreas, MaintenanceGrounds, Security
- Calculated Total Monthly Association Fees: 950
- Pets Allowed: Conditional, Yes
- Senior Community: No
School Information
- Elementary School: Morningside
- High School: Miami Edison
- Middle School: Horace Mann
Condo Info
- Unit Location: East Of Us1
Rental Info
Other Property Info
- Annual Tax Amount: 4721
- Source Listing Status: Active
- County: Miami-Dade
- Directions: Head N on Biscayne Blvd (US-1) Turn right onto NE 63rd St Continue straight east on NE 63rd Street for 0.2 miles. The entrance gate is at the end of NE 63rd Street on the left-hand side, just before the bay.
- Tax Year: 2024
- Restrictions: CorporateBuyerOk, OkayToLease1stYear
- Source Property Type: Residential
- Area: 32
- Property Subtype: condo
- Source Neighborhood: NIRVANA CONDO NO FIVE CON
- Parcel Number: 01-32-18-073-0460
- Postal City: Miami
- Postal Code Plus 4: 6412
- Public Survey Range: 32
- Public Survey Section: 18
- Public Survey Township: 1
- Subdivision: NIRVANA CONDO NO FIVE CON
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 775
- Year Built: 1983
- Building Area Total: 775
- Building Features: ExteriorLighting
- Construction Materials: Block
- Entry Level: 5
- Entry Location: 5
- Property Age: 42
- Property Attached: No
- Building Total Stories: 6
- Year Built Details: Effective Year Built
