17125 N Bay Rd 3601, Sunny Isles Beach, FL 33160 — MLS photo

Active · Condominium

$388,900

17125 N Bay Rd 3601, Sunny Isles Beach, FL 33160

Beds: 1
Baths: 1
Living area: 715 sq ft
$ / sq ft: $544/sq ft
Year built: 2003
Lot size: —
HOA fee: $453 Monthly
Annual tax: $4,440

About this property

Introducing a remarkable penthouse apartment for sale at the Porto Bellagio in Sunny Isles Beach, FL. Situated on the 6th floor, this spacious and bright unit offers an unparalleled living experience. Immerse yourself in the luxurious amenities of the building, including a refreshing pool, a billiard table for entertainment, a well-equipped gym to maintain an active lifestyle, and a convenient business center for all your professional needs. Furthermore, the location of this apartment is truly excellent, providing easy access to the best that Sunny Isles Beach has to offer. Don't miss out on this extraordinary opportunity to own a stunning penthouse in a coveted location.

Property location

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17125 N Bay Rd 3601, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms: 1
Bathrooms: 1
Living area: 715 sq ft
Flooring: Ceramic Tile, Vinyl
Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave
Cooling: Central Air
Heating: Central
Interior features: Bedroom On Main Level, Closet Cabinetry, First Floor Entry, Kitchen Island

Exterior & Structure

Property type: Condominium
Year built: 2003
Stories: 6
Architectural style: Penthouse
Construction: Block
Exterior features: Balcony, Barbecue, Fence
Pool: Heated
View: Other

Parking

Garage spaces: 1
Covered spaces: 1
Parking features: One Space

HOA, Community & Financials

Association fee: $453 Monthly
Fee inclusions: Amenities, Common Areas, Parking, Pools, Recreation Facilities, Sewer, Security, Trash, Water
Amenities: Billiard Room, Business Center, Fitness Center, Other, Pool, Elevators
Security: Complex Fenced, Key Card Entry, Security Guard
Pets allowed: Size Limit, Yes
Annual tax: $4,440
Subdivision: PORTO BELLAGIO CONDO
County: Miami-Dade
Days on market: 216
MLS listing ID: A11966864
Listing status: Active

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Monthly HOA ($)

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Estimated monthly cash flow

-$773

Cap rate: 3.3%
Net yield: 3.3%
Cash-on-cash return: -8.5%
Gross yield: 7.3%
Mortgage payment: $1,844/mo
Down payment: $97,225
Loan amount: $291,675
Annual NOI: $12,847

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