16851 NE 23rd Ave # A409, North Miami Beach FL 33160
About this home
This one-bedroom, one-bathroom condo is an ideal rental income opportunity. Located in a gated community, it features impact windows, a spacious open kitchen, and updated floors. The building provides great amenities, including a pool and laundry facilities on each floor. Enjoy the prime location, just a five-minute drive from the beach. A 650 credit score is required by the HOA. Rented until Sep 30th. $230.15 monthly special assessment. Property available for showings only with a fully executed contract.
Features
- Third Floor Entry
- Elevator
- Other
- Fruit Trees
- Other View
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $683
- HOA
- $467 / mo
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
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.
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.