Atlantic Luxury Advisors
1040 Biscayne Blvd #1602 photo 11040 Biscayne Blvd #1602 photo 21040 Biscayne Blvd #1602 photo 31040 Biscayne Blvd #1602 photo 41040 Biscayne Blvd #1602 photo 5

43 photos

1040 Biscayne Blvd #1602

Miami, FL 33132

$1,595,000
2
2.5
1,802 sq ft
2007
2 car
Condominium
$2,857/mo
Yes
113
Active

Listing courtesy of One Sotheby's International Realty (Jonathan Garcia). Contact: [email protected].

About this home

Impeccably designed and fully reimagined, this stunning two-story residence offers the perfect balance of Miami sophistication and everyday comfort—where Biscayne Bay meets the city skyline. Spanning 1,800 SF, this 2-bedroom, 2.5-bath home features a comprehensive renovation with every detail thoughtfully upgraded. Formerly owned by Colombian artist and designer Rakel, the space blends creativity and function with warm wood-look porcelain floors, a custom kitchen island, curated imported tiles, and bespoke millwork for seamless storage. Double-height ceilings flood the home with natural light, while soundproofed floors and walls ensure privacy. Smart home integration, electric shades, and complete the offering. Located at Ten Museum Park, a boutique Bayfront building in Downtown Miami, residents enjoy two full floors of amenities including sunrise and sunset pools, a state-of-the-art gym, spa, personalized service and beach club access in South Beach. Set in a vibrant, rapidly evolving neighborhood steps from Miami World Center, museums, Bayfront parks, and premier entertainment—offering effortless access to everything Miami has to offer. Tenant in place, paying $10K/month through August 31st.

What it costs to own
Estimated monthly payment
$14,316/mo
Principal and interest
$8,065
Property tax
$2,394
Homeowners insurance
$1,000
HOA
$2,857

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$28,732/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$2,857/mo (from the listing)
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.