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Waterfront · Condominium
$850,000$647 / sqft
400 Sunny Isles Blvd # 121, Sunny Isles Beach FL 33160
Listed
3
Bedrooms
3
Bathrooms
1,313 sqft
Interior
2015
Year built
$1,626 / mo
HOA
Condominium
Type
About this home
Offered only as a package with Wet Slip UL24, a 50-ft boat slip, for a combined price of $1,250,000. The sale also includes two assigned parking spaces and two storage units. A rare corner townhouse on the water, this highly upgraded two-level residence pairs direct bay views with direct access to the marina from the balcony. Double-height ceilings create a dramatic, open living area framed by the bay, while the corner position adds privacy and additional exposure. The layout offers 2 bedrooms and 3 baths, plus an enclosed den that works as a home office or guest bedroom and is converted into a third bedroom. Upgrades include tile flooring throughout, motorized shades, and custom-built closets, so the home is move-in ready with nothing left to do but settle in. What sets this residence apart is the connection between home and boat. Step out of your living room, onto the balcony, and down to your own 50-ft slip without ever getting in the car. The two storage units add valuable space for fishing gear, water toys, and boating equipment, keeping the living areas clear. Whether as a full-time residence or a seasonal waterfront retreat, this is a boater’s dream: corner townhouse living, open bay views, and a 50-ft slip steps from your door, all in one offering. Opportunities that combine a residence of this size with a slip this large rarely come to market.
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Split Bedroom
- Stacked Bedroom
- Walk-In Closet(s)
- Den/Library/Office
- Open Balcony
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 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,000–$11,500.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.