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

Located just a couple minutes from Coral Gables, this exceptional property presents a rare opportunity to acquire a versatile residence with strong income-producing potential in one of Miami’s most desirable corridors. The main home offers a well-maintained 3-bedroom, 2-bathroom layout with timeless finishes and an inviting flow throughout. Natural light enhances the living spaces, while the kitchen is thoughtfully designed with quality cabinetry and functionality in mind. What truly sets this property apart is its multiple income streams. A private, first-floor studio suite with its own side entrance features a full kitchen, full bathroom, and dedicated patio space—ideal for extended family, guests, or rental income. Additionally, the converted garage efficiency, also with its own private side entrance, includes a full bathroom and kitchenette with plumbing already in place, further maximizing revenue potential. Whether you’re an investor seeking solid returns or an end user looking to offset ownership costs, this property delivers flexibility and upside in equal measure. Conveniently located near major roadways, dining, and premier amenities, it combines accessibility with neighborhood charm. Well-maintained, easy to show, and positioned in a prime location—this is a true gem with exceptional income potential.