Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 899 sq ft
- Flooring
- Ceramic Tile
- Appliances
- Dishwasher, Electric Range, Microwave, Refrigerator
- Cooling
- Central Air
- Heating
- Central
- Interior features
- Living Dining Room, Split Bedrooms
- Furnished
- Unfurnished
Active · Condominium
$335,000
1720 NW N River Dr 607, Miami, FL 33125
- Beds
- 2
- Baths
- 2
- Living area
- 899 sq ft
- $ / sq ft
- $373/sq ft
- Year built
- 1986
- Lot size
- —
- HOA fee
- $764 Monthly
- Annual tax
- $470,447
About this property
Perfect for investors! This spectacular split 2-bedroom, 2-bath condo at Serenity on the River offers 899 sq. ft. of beautifully designed living space, featuring a renovated kitchen, balcony, hurricane-impact windows, and two parking spaces. Tenant occupied until October 31 3026— providing immediate rental income! Located in a gated community with resort-style amenities near Brickell, beaches, and more. Don’t miss this incredible investment opportunity — call now for more info or to schedule a showing!
Property location
Get Directions1720 NW N River Dr 607, Miami, FL 33125
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1986
- Stories
- 6
- Construction
- Block
- Exterior features
- Balcony, Barbecue, Deck, Fence
- Waterfront
- River Front
- View
- Other, River
Parking
- Garage spaces
- 2
- Covered spaces
- 2
- Parking features
- Assigned, Deeded, Detached, Garage, Guest, Two Or More Spaces
HOA, Community & Financials
- Association fee
- $764 Monthly
- Fee inclusions
- Association Management, Laundry, Pools, Sewer, Security, Trash, Water
- Amenities
- Fitness Center, Laundry, Barbecue, Picnic Area, Elevators
- Security
- Complex Fenced, Elevator Secured, Key Card Entry, Phone Entry
- Pets allowed
- Conditional, Yes
- Annual tax
- $470,447
- Subdivision
- SERENITY ON THE RIVER COND
- County
- Miami-Dade
- Days on market
- 354
- MLS listing ID
- A11791389
- Listing status
- Active
Virtual tour
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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
-$39,466
- Cap rate
- -135.7%
- Net yield
- -135.7%
- Cash-on-cash return
- -504.9%
- Gross yield
- 9.1%
- Mortgage payment
- $1,588/mo
- Down payment
- $83,750
- Loan amount
- $251,250
- Annual NOI
- -$454,539
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.