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Condominium at 16909 N Bay Rd # 1009, Sunny Isles Beach FL 33160Active
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Waterfront · Condominium
$255,000$332 / sqft

16909 N Bay Rd # 1009, Sunny Isles Beach FL 33160

1
Bedrooms
2
Bathrooms
767 sqft
Interior
1979
Year built
None
HOA
Condominium
Type

About this home

Incredible investor opportunity in the heart of Sunny Isles Beach! Located on the 10th floor of the highly desirable Plaza of Americas community, this bright and airy residence comes fully tenant-occupied, delivering immediate cash flow and hassle-free rental income from day one. Enjoy elevated skyline views, floor-to-ceiling windows, and cooling breezes from your high-floor vantage point.Resort-Style Community Amenities Include:24/7 manned guard-gated security & secure lobby entryHeated swimming pool, jacuzzi, and relaxing saunaFully equipped fitness center & jogging trackTennis courts, basketball courts, and a children's play areaBBQ and picnic areas perfect for outdoor entertainingUnbeatable Location Benefits:Just a short, 4-minute walk to the pristine sands of Sunny Isles Beach. Residents are steps away from RK Town Center, supermarkets, excellent dining, and local cafes, and just a short drive to the luxury shopping at Aventura Mall and Bal Harbour Shops. Gated parking and guest parking included. A phenomenal hands-off addition to any real estate portfolio. Easy to show—schedule your tour today!

Features

  • Other
  • Open Balcony
  • Garden View
  • Other View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$1,289

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$1,289
HOA
None

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Ocean Pavilion Realty Group LLC

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.