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Waterfront · Condominium
$199,000$186 / sqft
13499 Biscayne Blvd # 602, North Miami FL 33181
Listed
2
Bedrooms
2
Bathrooms
1,070 sqft
Interior
1973
Year built
$1,240 / mo
HOA
Condominium
Type
About this home
OWNER MOTIVATED - Bright and spacious 2 bed 2 bath unit split layout in the upcoming area of North Miami. Close to FIU, Johnson&Wales, Barry University, plus restaurants, retail, banks and way more! 24 hs security, easy to show. The pool is under repair (until approx June 2026). Unbeatable price! UNFURNISHED - As per Association, min credit score should be 680. Sailboat Cay is currently undergoing a complete building transformation. This extensive renovation ensures the community will soon emerge as one of the area's premier luxury residences. According to the HOA, these improvements are slated for completion in a few months. Gated community with 24-hour security. Invest now and step into a sophisticated, like-new lifestyle soon to be! Pool will be ready by Aug 2026 - SPECIAL ASSESSMENT UNTIL 2042
Features
- No Interior Features
- East Of Us1
- None
- Canal
Leasing
- Minimum lease
- 181 days
- Leases permitted per year
- 2
- No Daily Rentals
- Ok To Lease
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
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–$4,801.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.