Cays Realty
16565 NE 26th Ave 2B, North Miami Beach, FL 33160 — MLS photo

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16565 NE 26th Ave 2B, North Miami Beach, FL 33160

Active · Condominium

$429,000

16565 NE 26th Ave 2B, North Miami Beach, FL 33160

Beds
2
Baths
2
Living area
1,213 sq ft
$ / sq ft
$354/sq ft
Year built
1980
Lot size
—
HOA fee
$966 Monthly
Annual tax
$2,935

About this property

Amazing renovated corner unit located at one of the most desirable condos in North Miami Beach, minutes from the Famous Sunny Isles beach and Aventura mall. This spacious condo features all new High impact windows and sliding doors, ample balcony with ocean breeze all year long. The tower 40 year certification almost done, so no further construction issue in years to come. Unit comes with a great size storage, assigned parking space and plenty of guest spots for visitors. Association is leasing boat slips for residents at a great price, so boaters welcome. Amenities, large pool with water-view deck, tennis courts, gym, BBQ area, 24 hour front gate security and party room. Second floor unit so, easy access for sabbath observers.

Property location

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16565 NE 26th Ave 2B, North Miami Beach, FL 33160

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,213 sq ft
Flooring
Ceramic Tile
Appliances
Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, Elevator, First Floor Entry, Split Bedrooms, Walk In Closets

Exterior & Structure

Property type
Condominium
Year built
1980
Stories
5
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Barbecue, Security High Impact Doors, Tennis Courts
Pool
Association, Heated
Waterfront
Canal Access, Canal Front
View
Canal

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, Guest, One Space

HOA, Community & Financials

Association fee
$966 Monthly
Fee inclusions
Amenities, Common Areas, Laundry, Maintenance Grounds, Maintenance Structure
Amenities
Billiard Room, Marina, Bike Storage, Business Center, Clubhouse, Elevators, Laundry, Pool, Tennis Courts
Security
Lobby Secured, Security Guard
Pets allowed
Conditional, Yes
Annual tax
$2,935
Subdivision
REEF WEST CONDO
County
Miami-Dade
Days on market
8
MLS listing ID
A12015998
Listing status
Active

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

Estimated monthly cash flow

-$468

Cap rate
4.4%
Net yield
4.4%
Cash-on-cash return
-4.7%
Gross yield
9.4%
Mortgage payment
$2,034/mo
Down payment
$107,250
Loan amount
$321,750
Annual NOI
$18,790

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