16909 N Bay Rd 601, Sunny Isles Beach, FL 33160 — MLS photo

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16909 N Bay Rd 601, Sunny Isles Beach, FL 33160

Active · Condominium

$330,000

16909 N Bay Rd 601, Sunny Isles Beach, FL 33160

Beds
2
Baths
2
Living area
894 sq ft
$ / sq ft
$369/sq ft
Year built
1979
Lot size
—
HOA fee
$720
Annual tax
—

About this property

Discover the convenience of living close to the Atlantic Ocean. This 6th-floor apartment offers an unbeatable location for those seeking tranquility and direct access to the best the area has to offer. Prime Location: Cross the street and you’re at the beach. Close to shops, restaurants, and parks. A bright, well-designed unit, ideal as a primary residence or investment. Amenities: pool, gym, tennis courts, and surveillance. Living in Sunny Isles is synonymous with prestige. Don’t miss this opportunity!

Property location

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16909 N Bay Rd 601, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
894 sq ft

Exterior & Structure

Property type
Condominium
Year built
1979

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$720
County
Miami-Dade
MLS listing ID
A12018281
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

-$734

Cap rate
3.0%
Net yield
3.0%
Cash-on-cash return
-9.5%
Gross yield
9.2%
Mortgage payment
$1,564/mo
Down payment
$82,500
Loan amount
$247,500
Annual NOI
$9,964

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