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Waterfront · Condominium
$330,000$392 / sqft
2415 NW 16th St Rd # 416, Miami FL 33125
Listed
2
Bedrooms
2
Bathrooms
842 sqft
Interior
2006
Year built
$450 / mo
HOA
Condominium
Type
About this home
Wake up to stunning water views from BOTH balconies! This beautifully updated 2-bedroom, 2-bath, 842 SF residence sits in the gated River Run community along the Miami River. The remodeled kitchen features quartz countertops and stainless steel appliances. Rare for this complex, the unit comes with TWO parking spaces! Community amenities include an exercise room and controlled access and boat slips are available to rent through the HOA. The central location puts you minutes from UM/Jackson Memorial Hospital, the Miller School of Medicine, Bascom Palmer Eye Institute, the VA Medical Center and the Miami Dade College Medical Campus, with Metrorail at Civic Center nearby. Quick access to SR-836 and NW 27th Ave puts Miami International Airport, Wynwood, the Design District, Downtown, Brickell, Bayside and Loan Depot park all close by. Schedule your showing today!
Features
- Elevator
- Fire Sprinklers
- Walk-In Closet(s)
- None
- Open Balcony
- Intracoastal View
- River
- Water View
Leasing
- Minimum lease
- 180 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 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.