Downtown Miami
General area shown. The exact address and Airbnb-approved building are shared under NDA when you reserve or book a call.
Miami, FL2BR2BA810 sqft$3,000/mo lease
Worth acquiring. The numbers clear our bar with room to spare.
Operating profit, before the one time startup capital ($52,000), which the ROI and payback above already account for.
Executive summary
The headline read on this deal.
Grade S. Worth acquiring. The numbers clear our bar with room to spare. The headline money is above; the scenario range is in the money model below.
Working for it: Walk Score 92 (Walker's Paradise) + Transit Score 99 (Rider's Paradise) — elite walkability and transit access for any STR market nationally; Kaseya Center NBA arena (19,600 capacity) is 0.3mi away — one of the strongest sports venue adjacencies of any STR building in the US; Purpose-built condo-hotel structure with PMG in-house hotel program — explicit STR permissibility and professional building management infrastructure.
Watch: High-severity supply pipeline risk: ~4,254 units in Brickell/Downtown pipeline, including 659-unit West Eleventh Residences (STR-centralized, 0.1mi away) and E11EVEN Beyond tower (adjacent, same brand) — occupancy compression likely in Years 2–3; E11EVEN 24/7 ultraclub directly across the street (Downtown Miami) creates late-night noise, crowd congestion, and rideshare gridlock through 5–6am — building-fundamentals nuisance risk for noise-sensitive guests; STR-permitted status marked UNSURE by operator — must be confirmed in writing against unit-specific governing docs before lease execution.
The money model
Three honest scenarios: bear (conservative), base (realistic), and bull (stretch). Base is what we underwrite to.
Seasonal demand & event calendar
What drives the peaks: named local demand catalysts.
Live comps: what the market actually shows
Amenities: what it has, what it's missing
Regulatory & landlord read
Is short term rental legal here, and who owns/manages the building.
[Cached: 2026-08-27] E11EVEN is purpose-built STR-permissive, but City of Miami registration and lodging-tax compliance create real cost and risk lines.
Seasonal pricing rate card
Neighborhood trajectory
Where this submarket is heading: capital, prices, and the ADR ceiling.
The analyst's take
Risk & compliance checks
Every deal breaker we screen, scored on this property.
No bed bug, roach, or infestation complaints found for this brand-new 2026 building.
Downtown Miami earns a B- safety grade in 2026, with crime 62% above the national average, dominated by property theft.
Building opened February 2026; active STR listings are emerging but review counts are thin given newness — monitoring warranted.
[Cached: 2026-08-27] STR comp-implied ADR of ~$300–$330 sits at 1.1–1.2x the $269 Downtown Miami/Brickell hotel benchmark — within the CLEAN band.
Downtown Miami 2BR long-term market is active; 2BR rents at E11EVEN start at $2,800+/mo per Zillow, anchored by RentCast AVM at $3,030/mo.
PMG is a 30-year institutional developer with 175+ projects and no identified bankruptcy, STR litigation, or eviction pattern.
Downtown Miami's STR-permissive condo-hotel cluster within 0.25mi is moderately dense, estimated 15–35 active 2BR listings.
[Cached: 2026-08-27] Five-plus named, quantified demand drivers within 5mi confirmed; Downtown Miami / Park West is Miami's strongest STR demand node.
[Cached: 2026-08-27] E11EVEN nightclub directly across the street (24-hour ultraclub), plus MIA flight corridor and Bayfront Park event venue within 0.3mi.
[Cached: 2026-08-27] ~4,254 units in Brickell/Downtown pipeline plus West Eleventh (659 units directly adjacent) represent high-severity supply pressure.
Tier 3 — not run. Trigger 'Go Deeper' to add this domain.
Tier 3 — not run. Trigger 'Go Deeper' to add this domain.
Sources: every figure links back (16)
Open any to verify the data yourself.
- 01MiamiCondoInvestments.com · Downtown Miami was delivered in February 2026.
- 02Dever Pest Control Miami · Get fast relief from roaches, ants, rodents, termites, mosquitoes across Miami-Dade.
- 03DoorProfit Crime Statistics 2026 · Downtown in Miami, FL has a safety grade of B-. Crime is 62% above the national average.
- 04Eufy Safety Guide 2026 · Homicides and violent incidents have dropped significantly recently, as the city's 2026 crime rate is down from prior years.
- 05Airbnb · Luxury E11EVEN Executive Residence with Water View
- 06CondoBlackBook · For Rent · Rent · 31 · LIST PRICE · PRICE · $375,000+ SQ FT AREA · SQ FT · 275-2,693
- 07Zillow Building Page — Downtown Miami Miami · All (42) Studio $2,000+ 1 bed $2,800+ 2 bed $2,800+
- 08Cached from prior Revarity research · 2026-08-27
- 09MiamiWaterfront MLS #A12023428 · The unit comes fully equipped with an OS&E package, allowing owners the flexibility to participate in the hotel program.
- 10Adigalpa Miami STR Rules 2026 · Miss any one of these and you're exposed to fines up to $20,000 per violation.
- 11E11EVEN Residences Team Page · PMG has delivered more than 175 projects across 30 markets over its more than 30-year history.
- 12MiamiPrimeManagement.com · We are a local property management company specialized in individually owned units at the Downtown Miami building.
- 13Airbnb Downtown Miami · Experience Downtown Miami from this spacious 2-bedroom, 2-bath apartment at 501 First Residences.
- 14Cached from prior Revarity research · 2026-08-27
- 15Yelp — E11EVEN Miami · Miami's award-winning nightclub, Open 24/7, is a 20,000-SF high-energy social playground.
- 16Cached from prior Revarity research · 2026-08-27
Figures shown are modeled projections from our analysis engine, not guarantees. Verify everything before committing. Some listing data provided by RentCast.
Ready to move on Downtown Miami?
Reserve in minutes. Live in 21 days. ACH only.