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Waterfront · Condominium
$649,999$587 / sqft
16385 Biscayne Blvd, North Miami Beach FL 33160
2
Bedrooms
2
Bathrooms
1,108 sqft
Interior
2018
Year built
$1,197 / mo
HOA
Condominium
Type
About this home
Great for Investors!! Tenant in place! Breathtaking ocean and city views. Unit is facing north with great bay and Intracoastal views. 2 bedrooms, 2 bath condo with private foyer and a Den. Open kitchen layout with state-of-the-art appliances. Enjoy resort style living with 24-hour concierge, valet, security, car wash and pet grooming. Stay active with fitness center, yoga studio, spa, sauna, steam room and waterfront walking trail. Outdoor includes a pool, boat dock, paddle board, kayak, tennis, soccer, basketball and racquetball. Minutes from Aventura Mall and top beaches and dinning. Easy to show!
Features
- Lobby
- First Floor Entry
- Cooking Island
- Entrance Foyer
- Walk-In Closet(s)
- Den/Library/Office
- East Of Us1
- Open Balcony
- Bay
- Intracoastal View
- Ocean View
Leasing
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.