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Waterfront · Condominium
$590,000$484 / sqft
500 Bayview Dr # 1123, Sunny Isles Beach FL 33160
Listed
2
Bedrooms
2
Bathrooms
1,220 sqft
Interior
1969
Year built
$1,200 / mo
HOA
Condominium
Type
About this home
Discover an exceptional opportunity to own a beautifully maintained and tastefully updated 2-bedroom, 2-bathroom residence at 500 Bayview Drive, ideally situated at the entrance of prestigious Sunny Isles Beach. Combining modern touches with a warm, inviting atmosphere, this residence offers breathtaking Intracoastal Waterway views, where spectacular sunsets and passing yachts create an extraordinary backdrop for everyday living. The thoughtfully designed interior provides a perfect balance of comfort, style, and functionality, making this residence ideal for those seeking a relaxed yet sophisticated coastal lifestyle. Residents enjoy an impressive collection of resort-style amenities, including a waterfront swimming pool, fitness center, game room, on-site restaurant, convenience store, valet parking, and access to boat docks. With convenient beach access just across the street, the best of South Florida's waterfront lifestyle is always within reach. Perfectly positioned just minutes from Aventura Mall, Bal Harbour, waterfront dining, beautiful parks, and charming cafés, this exceptional location offers the perfect combination of tranquility, convenience, and coastal living. An outstanding opportunity to own a waterfront residence in one of South Florida's most desirable coastal destinations, where spectacular views, resort-style amenities, and an exceptional location come together.
Features
- Walk-In Closet(s)
- None
- Other
- Bay
- Canal
- Intracoastal View
Leasing
- Minimum lease
- 180 days
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,300–$5,569.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.