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Active
Condominium
$130,000$181 / sqft

16851 NE 23rd Ave # A516, North Miami Beach FL 33160

1
Bedrooms
1
Bathrooms
720 sqft
Interior
1973
Year built
$501 / mo
HOA
Condominium
Type

About this home

Amazing opportunity to own a condo in a prime North Miami Beach location! Inside, you'll find a bright and inviting layout filled with natural light, spacious living areas, and a functional floor plan designed for comfortable everyday living. The private balcony provides the perfect place to enjoy your morning coffee watching the sunrise or unwind after a long day while taking in the surrounding views. Residents enjoy a well-maintained community with amenities designed to enhance an active and convenient lifestyle. Located just minutes from Sunny Isles Beach, Aventura Mall, Oleta River State Park, Greynolds Park, Gulfstream Park, and beautiful South Florida beaches, this home places shopping, dining, entertainment, parks, and recreation right at your fingertips. Currently rented for $1,550 until 2/27/2027.

Features

  • Interior Hall
  • Lobby
  • Walk-In Closet(s)
  • Screened Balcony
  • Other View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$1,158

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$657
HOA
$501 / 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.

Courtesy of
LPT Realty, LLC

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.

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 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.