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Waterfront · Single Family Residence
$4,100,000
16416 NE 32nd Ave, North Miami Beach FL 33160
Listed
5
Bedrooms
5
Bathrooms
— sqft
Interior
1977
Year built
None
HOA
Single Family Residence
Type
About this home
One of Eastern Shores' most admired waterfront residences! Extensively remodeled in 2021, this exceptional 5-bedroom, 5-bath home blends coastal elegance, modern luxury, and effortless South Florida living. Situated on a quiet street within the prestigious gated community of Eastern Shores, this stunning residence boasts 55 feet of waterfrontage with direct ocean access and no fixed bridges—a boater's paradise. Thoughtfully renovated with beauty and functionality in mind, the home features a 2018 roof, updated electrical and mechanical systems, windows, and select plumbing improvements. Light-filled living spaces, elegant finishes, and a versatile floor plan create an inviting atmosphere for living and entertaining. The first floor offers a guest bedroom and two full bathrooms, including a cabana bath. Upstairs, the spacious primary suite features a generous walk-in closet and oversized bathroom. Step outside to a tropical waterfront oasis featuring a sparkling pool, outdoor kitchen, entertaining areas, and private dock. An expansive covered balcony with a hot tub overlooks the pool and canal, creating an extraordinary setting to unwind. Minutes from Sunny Isles Beach, Aventura Mall, fine dining, and shopping, this distinctive residence offers an exceptional opportunity to enjoy luxury waterfront living in one of South Florida's most desirable boating communities. A truly special Eastern Shores home that must be experienced in person!
Features
- First Floor Entry
- Bar
- Built-in Features
- Closet Cabinetry
- Custom Mirrors
- Entrance Foyer
- French Doors
- Pantry
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 5-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $5,000–$20,000.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.