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Condominium
$365,000$494 / sqft
1670 Bay Rd # 6G, Miami Beach FL 33139
Listed
1
Bedrooms
1
Bathrooms
739 sqft
Interior
1967
Year built
$707 / mo
HOA
Condominium
Type
About this home
Location , views and value are the dream combination in this new listing: Imagine coming home to a sun-filled retreat on a private cul de sac just off of Lincoln Road in Miami Beach. This penthouse-level 1/1 has bay views, an extra-deep balcony, garage parking, dipping pool and a boutique vibe with just 35 units . Beat the Miami traffic living in this vibrant, walkable neighborhood, near the Sunset Harbour pedestrian bridge. Unit 6G is the top-floor " penthouse"corner unit with the best location in the building, blessed with windows + vistas on 3 sides ( West / South / East.) If you are looking for a bright and fresh unit in an intimate condo, this should be your new home! The association has financial reserves and a new roof. To simplify the process, we have a preferred lender on call to make your dreams come true with 10% down. Investor friendly allowing one lease per year ( no short term or AIRBNB allowed however). Buy now and have the keys for your future South Florida moments. The South West corner unit was just freshend up for the next owner with new paint, new lighting, ELFA closet systems and polished marble floors. Relax in the marble bathroom with shower, stay origanized with tons of storage: a hallway utility closet, seperate linen closet, and 3 bedroom closets. The king-sized bedroom has views to the port of Miami + balcony door Secure lobby, gated covered parking and a dipping pool to cool off after the excitement of closing on this condo...
Features
- First Floor Entry
- Open Balcony
- Bay
- Intracoastal View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
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 1-bed rentals in Miami Beach, from 200 active listings; the middle half ask $2,300–$3,850.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.