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Waterfront · Condominium
$965,000$661 / sqft
17111 Biscayne Blvd # 503, North Miami Beach FL 33160
Listed
2
Bedrooms
2
Bathrooms
1,459 sqft
Interior
2017
Year built
$1,770 / mo
HOA
Condominium
Type
About this home
Experience luxury waterfront living in this beautifully appointed 2-bedroom, 2-bath residence at Marina Palms Yacht Club & Residences. Enjoy direct marina views from your private balcony and floor-to-ceiling impact glass that fill the home with natural light. The spacious open-concept floor plan features a modern kitchen, generous living areas, and elegant finishes throughout. Offered furnished or unfurnished for the buyer's convenience. Marina Palms offers resort-style amenities including a waterfront pool, state-of-the-art fitness center, spa, club room, children's playroom, concierge, valet, 24-hour security, and access to a full-service marina. A significant advantage for today's condo buyers, the building currently has no special assessments, providing added confidence amid Florida's evolving condominium market. Ideally located just minutes from Aventura Mall, world-class dining, shopping, beaches, and major highways. A rare opportunity to own in one of South Florida's premier waterfront communities. Perfect for both end users and investors. Currently tenant occupied through February 2027 at $6,500 per month, providing immediate rental income, with the tenant potentially interested in extending the lease beyond the current term.potential for investors. Tenant may be interested in extending the lease beyond the current term.
Features
- Built-in Features
- Split Bedroom
- Walk-In Closet(s)
- Open Balcony
- Bay
- Intracoastal View
- Water View
Leasing
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 $2,350–$5,500.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.