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QLD › Miami › Redondo Ave

U86, 7 Redondo Ave, Miami QLD 4220

For saleApartment

$860,000

For sale

Asking

2

Bedrooms

2

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $860,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $860,000(Listing record · 1 July 2026)
  • CalculationAsk is 55% below the Miami median recorded sale ($1,925,000, n=17, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Miami's advertised median rent ($948/wk), implied gross yield would be 5.73% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$860,000

Asking

No recorded sale for this property.

Miami at a glance

8,581

People

$1,925,000

Median sale

$948/wk

Median rent

2.56%

Suburb gross yield

Median sale from 17 recorded sales (last 12 months) — a Districts calculation.

See the full Miami report →

Vs Miami

-55.3%

Median sale

Suburb $1,925,000

+3.17 pp

Gross yield

Suburb 2.56%

Suburb median $1,925,000 from 17 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$860,000
Stamp Duty (Queensland)
$31,725
Transfer/Registration Fee
$3,414
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$898,839

$38,839 on top of the price (4.5% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Miami's advertised median rent — not a rent for this listing.

Net yield
4.23%
Annual cashflow (pre-tax)
$-8,324
Interest cover (DSCR)
0.81
Annual rent
$49,296
Operating expenses
$12,900
Loan amount
$688,000
Annual interest
$44,720
Gross yield
5.73%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

For more information on this property, visit Queensland Globe↗.

Records

Property history

  1. Listed$860,000available1 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $948/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 5.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Miami in one glance

Miami at a glance

8,581

People

$1,925,000

Median sale

$948/wk

Median rent

2.56%

Suburb gross yield

Median sale from 17 recorded sales (last 12 months) — a Districts calculation.

See the full Miami report →

Keep researching

  • Why Miami? Read the area thesis →
  • What else is on the market in Miami →
  • Other records on Redondo Ave →

Listing material

Listed by Belle Maison Realty

A Rare Find: 31 Years in the Making

Some opportunities come around once in a lifetime. This is one of them.

For the first time in 31 years, Unit 86 at the iconic Grande Florida Resort is coming to market, this is a genuine rarity in one of Miami's most loved beachside communities. Long-held apartments like this simply don't come up often, and when they do, they don't last.

Perched on the top floor of the complex, this north-facing 2-bedroom, 2-bathroom apartment offers something increasingly hard to find on the Gold Coast peace, privacy, and pure, sunlight from morning through afternoon. Being on the top level means no footsteps overhead and no compromise on quiet just your own elevated retreat in the treetops and resort gardens below.

Read the full description

Set within the resort-style grounds of Grande Florida, life here moves at a slower, sun-soaked pace. Spend your mornings by one of two sparkling lagoon-style pools (one heated, so there's no bad-weather excuse), fire up a barbecue with friends in the beautifully maintained tropical gardens, or wind down with a sauna session. A private pathway connects the resort directly to Miami Beach, putting the ocean just footsteps from your door.

Beyond the gates, Miami's charm is all your own. Wander to the Oxley for your morning coffee, browse the local boutiques, or take your pick of the relaxed cafés and restaurants that give this pocket of the coast its laid-back, community feel. You're perfectly positioned between Nobby's Beach and the buzz of Burleigh Heads, with Broadbeach and Pacific Fair just a short drive away.

Presented in original, unrenovated condition, Unit 86 is a genuine blank canvas, the kind of opportunity savvy buyers dream of. Bring your vision and make it your own or add it to your portfolio. With approximately 83m² of internal living space and north-facing light throughout the potential here speaks for itself.

Whether you're an investor looking to secure a rare long-held asset in a proven resort community, a downsizer after low-maintenance beachside living, a young professional couple wanting resort amenities at your fingertips, or a first home buyer ready to plant your flag on the Gold Coast this is your moment.

Property Features

• 2 Spacious Bedrooms

• 2 Bathrooms

• North Facing Balcony

• 1 secured car space

• First time offered in 31 years

• Direct beach access

• Sauna and games room

• Multiple communal BBQ areas

• Unrenovated

Location

• Miami Beach – direct access

• Pacific Fair Shopping Centre – 5.1km

• The Star Casino –5.3 km

• Miami State School – 2.1 km

• Miami State High School – 1.6 km

• Burleigh Beach – 2.7 km

• Miami Marketta – 1 km

• Burleigh Golf Club – 1.1 km

Opportunities like this are exactly that — an opportunity. Thirty-one years is a long time to wait for a chance like this to come around again.

Contact Francois Mahu for further information or to arrange an inspection.

Disclaimer:

While we have made every effort to ensure the information provided is accurate and reliable, we cannot guarantee its completeness or correctness. We accept no responsibility for any errors, omissions, or inaccuracies that may occur. Prospective buyers are encouraged to conduct their own due diligence to verify the information.

Listing description written by Francois Mahu, Belle Maison Realty — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Intercom
  • In-Ground Pool
  • Secure Parking
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.