16385 Biscayne Blvd PH7, North Miami Beach, FL 33160 — MLS photo

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16385 Biscayne Blvd PH7, North Miami Beach, FL 33160

Active · Condominium

$1,990,000

16385 Biscayne Blvd PH7, North Miami Beach, FL 33160

Beds
3
Baths
4
Living area
1,648 sq ft
$ / sq ft
$1,208/sq ft
Year built
2018
Lot size
—
HOA fee
$1,700
Annual tax
—

About this property

Experience luxury living in this stunning 3 bedroom/3.5 bathroom penthouse with private foyer in The Harbour. Enjoy the breathtaking ocean, intracoastal and city views with expansive windows that bring in natural sunlight. The penthouse offers porcelain Italian floors throughout the unit, an open kitchen with state of the art appliances. This penthouse is part of a full services, resort-style environment: 24 hour valet and security, gym, private beach, Olympic size pool, sauna, steam room, pet grooming and restaurant on site. The unit also offers 2 assigned parking space and guest parking.

Property location

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16385 Biscayne Blvd PH7, North Miami Beach, FL 33160

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Facts & features

Interior

Bedrooms
3
Bathrooms
4
Living area
1,648 sq ft

Exterior & Structure

Property type
Condominium
Year built
2018

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,700
County
Miami-Dade
MLS listing ID
A11640506
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$7,850

Cap rate
1.0%
Net yield
1.0%
Cash-on-cash return
-16.9%
Gross yield
5.1%
Mortgage payment
$9,434/mo
Down payment
$497,500
Loan amount
$1,492,500
Annual NOI
$19,001

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.