17600 N Bay Rd N701, Sunny Isles Beach, FL 33160 — MLS photo

Active · Condominium

$565,000

17600 N Bay Rd N701, Sunny Isles Beach, FL 33160

Beds: 3
Baths: 2
Living area: 1,570 sq ft
$ / sq ft: $360/sq ft
Year built: 1979
Lot size: —
HOA fee: —
Annual tax: $6,754

About this property

Wow. Wide open bay view from each room from this Three Bedroom/ Two Bathroom. Fairview House. Sunny Isles Beach. White paint all over. View the pictures. Updated kitchen. Unfurnished. Walking distance to our local school, the beach, parks, shops and restaurants. Covered parking, guest parking. Currently rented. Clean, bright. Low maintenance - $575.00 per month.

Property location

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17600 N Bay Rd N701, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms: 3
Bathrooms: 2
Living area: 1,570 sq ft
Flooring: Tile
Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
Cooling: Central Air, Electric
Heating: Electric
Interior features: Bedroom On Main Level, First Floor Entry, Main Living Area Entry Level
Furnished: Unfurnished

Exterior & Structure

Property type: Condominium
Year built: 1979
Stories: 8
Architectural style: High Rise
Construction: CBSConcrete Block Structure, Block
Exterior features: Balcony
Pool: Association
Waterfront: Bayfront
View: Bay, Other

Parking

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

HOA, Community & Financials

Association fee: $0 Monthly
Fee inclusions: Common Areas, Parking, Pest Control
Amenities: Pool, Elevators
Security: Phone Entry
Pets allowed: Conditional, No
Annual tax: $6,754
Subdivision: FAIRVIEW HOUSE CONDO
County: Miami-Dade
Days on market: 38
MLS listing ID: A11999675
Listing status: Active

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Estimated monthly cash flow

$371

Cap rate: 6.5%
Net yield: 6.5%
Cash-on-cash return: 2.8%
Gross yield: 9.3%
Mortgage payment: $2,678/mo
Down payment: $141,250
Loan amount: $423,750
Annual NOI: $36,595

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