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Condominium
$299,000$303 / sqft
16909 N Bay Rd # 116, Sunny Isles Beach FL 33160
Listed
2
Bedrooms
2
Bathrooms
988 sqft
Interior
1979
Year built
$781 / mo
HOA
Condominium
Type
About this home
A beautiful first floor unit, spacious and updated 2-bedroom, 2-bathroom ground-floor apartment located in the heart of Sunny Isles Beach, just a 5-minute walk from the beach and Collins Avenue. This well-maintained residence features new porcelain tile flooring throughout, renovated kitchen and bathrooms, new vertical blinds, a large living and dining area, and ample closet space. It is an ideal choice for investors, as rentals are permitted immediately after purchase. Situated in a secure, gated community with 24-hour security, residents enjoy an impressive array of amenities, including a heated pool, Jacuzzi, gym, sauna, clubhouse, library, auditorium, BBQ areas, tennis and basketball courts, a jogging track, and much more. The HOA fee includes HDTV, high-speed internet, cable service, pest control, and two parking spaces (one assigned and one for guests). The location is prime, within walking distance of shopping centers, restaurants, top-rated schools, and public transportation. It is just minutes away from Aventura Mall, Oleta River State Park, Gulfstream Park, and major airports.
Features
- Interior Hall
- First Floor Entry
- Other
- Garden View
- Other View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- Ok To Lease
- Okay To Lease 1st Year
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.