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Buildings/South Beach/MIRADOR 1200 CONDO

Premium

MIRADOR 1200 CONDO

1200 WEST AVE, Miami Beach 33139

★ 5.0

1965

Year Built

421

Units

CI Score

Strong

For Sale

$399K

Avg Price

$553

Sale $/SF

For Rent

$2,250

Avg Rent

$3.57

Rent $/SF

+4.0%

YoY

For Sale

For Rent

Investor-Owned

71%

Avg HOA

$1,061/mo

Mirador 1200 is a 421-unit condominium located on West Avenue in South Beach, Miami Beach, offering a diverse range of unit sizes from studios to 4-bedroom residences. Built in 1965, this standard-tier building provides an established Miami Beach address with proximity to the neighborhood's vibrant dining, entertainment, and cultural venues. The property accommodates both owner-occupants and investors, with current market listings showing units ranging from $239,000 to $559,000.

Building Details

Address

1200 WEST AVE, Miami Beach, 33139

Neighborhood

South Beach

Year Built

1965

Total Units

421

Avg Unit Sqft

837 SF

Tier

Premium

Avg $/SF

$552.74

Avg Rent

$2,250/mo

Rent $/SF

$3.57/SF

HOA Range

$707 – $1,300

Google Rating

5.0 (7 reviews)

Neighborhood Rank

Top 11%

Avg Unit Value

$342K

Total Sales (All-Time)

1,352

Amenities

ElevatorLobbyParkingSecurity

Visit Building Website →

Investment Analysis

Yield Metrics

Rental Yield (annualized)7.4%

YoY Appreciation+4.0%

Total Yield62.4%

Median Rent$2,250/mo

YoY Rent Change-29.7%

YoY Sale $/SF Change+5.2%

Liquidity & Demand

Closed Sales (120d)4

Market Data

Sale Price Trend ($/SF)

$607

+93.9%

Rental Price Trend ($/SF)

$3.58

+10.8%

Building Activity

Days on Market

days

Selling fast

Months of Inventory

25.0

months

Buyer's market

Sale-to-List Ratio

96.8%

Fair negotiation

Price Reductions

100%

of listings

Many price cuts

Closed Sales (120d)

transactions

Moderate activity

Median Rent

$2,250

/month

Sales & Listings

Active Listings

For Sale (6)

$260K

Unit 412

0 bd1 ba680 sf

$319K

0 bd1 ba552 sf

$578/SF131 DOM

$328K

Unit 422

1 bd1 ba837 sf

$392/SF104 DOM

$340K

Unit 322

1 bd1 ba837 sf

$345K

1 bd1 ba837 sf

$345K

Unit 420

1 bd1 ba837 sf

$412/SF11 DOM

For Rent (6)

$2K

Unit 814

0 bd1 ba680 sf

$3/SF6 DOM

$2K

Unit 724

0 bd1 ba552 sf

$4/SF14 DOM

$3K

Unit 327

0 bd1 ba552 sf

$5/SF

$3K

Unit 322

1 bd1 ba837 sf

$3K

Unit 414

0 bd1 ba680 sf

$4/SF24 DOM

$3K

Unit 1511

0 bd1 ba552 sf

$5/SF37 DOM

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
Mar 20, 2026	$335K	$606.88	0/1	552
Feb 2, 2026	$776K	$724.56	2/2	1,071
Dec 19, 2025	$345K	$412.19	1/1	837
Dec 12, 2025	$574K	$685.19	1/1	837
Dec 1, 2025	$340K

Units & Ownership

Total Units

421

Avg Sqft

837 SF

Avg Assessed

$321K

Owner-Occupied

29%

Tax & Ownership

Investor-Owned

71%

Owner-Occupied

29%

Avg Assessed Value

$321K

Avg Taxable Value

$305K

Effective Year Built

1965

Zoning

4100

Unit Mix

Studio96

Avg 615 SF

1 BR280

Avg 857 SF

2 BR28

Avg 1,165 SF

3 BR4

Avg 1,895 SF

4 BR1

Avg 3,604 SF

Unknown12

Avg 793 SF

Unit Directory

Showing 10 of 421 units

Unit	Beds	Baths	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
—	—	—	—	—	—	—	—	—
201	1	1	970	$225K	✓	$304K	$313	Aug 2013
202	1	1	837	$301K	—	$126K	$150	Jan 2011
203	1	1	837	$301K	—	$220K	$263	Feb 2021
204	0	1	552	$246K	—	$125K	$226	Dec 2008
205	3	3	1,806	$837K	—	$800K	$443	Jun 2020
206	2	2	1,071	$243K	✓	$512K	$478	Nov 2006
207	0	1	552	$225K	—	$110K	$199	Oct 2011
208	1	1	837	$216K	—	$120K	$143	May 2011
209	1	1	837	$251K	—	$305K	$364	Jul 2025