Luxury Condos in Miami Under $1 Million: What Can You Buy in 2026? | Luxe Miami Realty

Cozy, spacious, and updated 2-bedroom, 2-bathroom corner unit in the heart of South Beach. Ideally located on Alton Road, just moments from Lincoln Road, Flamingo Park, Whole Foods, the bay, and the beach. Set within a peaceful boutique building, this bright and inviting residence offers approximately 1,000 SF of interior space with a wonderful split floor plan, providing both privacy and functionality. The quiet corner unit enjoys an open layout with a beautiful dining and office area, generous living space, and an abundance of natural light throughout. The unit includes a private balcony, new stainless steel appliances, in-unit washer and dryer, and ample closet space. One assigned parking space in a gated garage is also included. Priced to to sell and an exceptional value opportunity for both end users and investors alike. Currently tenant-occupied at $3,300/month through September, the property delivers immediate income with a cap rate exceeding 5%, making it a rare find in today’s South Beach market. Building has full reserves, recirtification on the verge of completion and all special assessments paid by seller ($15K). Schedule your private showing today.