18000 N Bay Rd 201, Sunny Isles Beach, FL 33160 — MLS photo

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18000 N Bay Rd 201, Sunny Isles Beach, FL 33160

Active · Condominium

$480,000

18000 N Bay Rd 201, Sunny Isles Beach, FL 33160

Beds
2
Baths
2
Living area
1,090 sq ft
$ / sq ft
$440/sq ft
Year built
1993
Lot size
—
HOA fee
$3,368 Quarterly
Annual tax
$5,853

About this property

WELCOME TO YOUR DREAM CONDO IN SUNNY ISLES BEACH—Perfectly situated just steps from Collins Avenue where you’ll enjoy access to the beach, scenic parks, popular restaurants and a wide variety of retail shops. Plus, you’re only a short drive from Aventura Mall and Bal Harbor Shops. This spacious 2 bedroom, 2 bathroom residence features a large balcony overlooking the intracoastal waterway, offering the ideal setting for quiet dinners at sunset or a peaceful morning coffee. Enjoy breathtaking water views from both the living room and the primary bedroom. Enjoy the community’s waterfront lifestyle with a sparkling pool overlooking a broad open view of the water, perfect for relaxing, soaking in the sun or entertaining. A BBQ area located on the pool deck and a Marina. Boat lovers welcome! Whether you're seeking a full-time home, a seasonal getaway, or a smart investment, this condo checks every box. Completely furnished and move in ready. Leasing permitted immediately after purchase, providing excellent flexibility and income potential. Schedule a visit today!

Property location

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18000 N Bay Rd 201, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,090 sq ft
Flooring
Laminate, Tile
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Breakfast Bar, Bedroom On Main Level, Breakfast Area, Bathtub, Second Floor Entry, Garden Tub Roman Tub, Jetted Tub, Living Dining Room, Pantry, Walk In Closets
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
1993
Stories
9
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony
Pool
Heated
Waterfront
Intracoastal Access
View
Intercoastal

Parking

Garage spaces
1
Covered spaces
1
Parking features
Covered, One Space, Garage Door Opener

HOA, Community & Financials

Association fee
$3,368 Quarterly
Fee inclusions
Association Management, Amenities, Common Areas, Hot Water, Insurance, Internet, Legal Accounting, Maintenance Grounds, Maintenance Structure, Parking, Recreation Facilities, Reserve Fund, Roof, Trash, Water
Amenities
Boat Dock, Marina, Clubhouse, Community Kitchen, Fitness Center, Library, Barbecue, Picnic Area, Pier, Pool, Trash, Vehicle Wash Area, Elevators
Security
Elevator Secured, Fire Alarm, Secured Garage Parking, Key Card Entry, Lobby Secured, Phone Entry, Fire Sprinkler System, Smoke Detectors
Pets allowed
No, Pet Restrictions
Annual tax
$5,853
Subdivision
LE MONTCALM CONDO
County
Miami-Dade
Days on market
96
MLS listing ID
A12002096
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

-$1,212

Cap rate
2.7%
Net yield
2.7%
Cash-on-cash return
-10.8%
Gross yield
8.2%
Mortgage payment
$2,275/mo
Down payment
$120,000
Loan amount
$360,000
Annual NOI
$12,757

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