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Condominium
$165,000$225 / sqft
16400 NE 17th Ave # 601, North Miami Beach FL 33162
Listed
1
Bedrooms
2
Bathrooms
734 sqft
Interior
1969
Year built
$309 / mo
HOA
Condominium
Type
About this home
**Fully Renovated 1BR/1.5BA Condo in the Heart of North Miami Beach – No Assessments!** Enjoy modern style, comfort, and incredible city views in this beautifully renovated 1-bedroom, 1.5-bathroom condo located in the vibrant heart of North Miami Beach. The unit features an open layout filled with natural light, updated flooring, a sleek modern kitchen, and a beautifully renovated bathroom. The well-maintained building has **passed its 50-year recertification, has no current assessments, and features a roof approximately 7 years old**, along with newer washers and dryers on every floor. Residents also enjoy great amenities and enhanced security with iron gates surrounding the building. Conveniently located within walking distance of public transportation and Walmart Plaza, and just 5 minutes from Aventura Mall, with easy access to beautiful beaches, universities, parks, shopping, dining, and major highways. With low monthly maintenance fees, a prime location, and a move-in-ready interior, this condo is an excellent opportunity for investors or buyers seeking convenience and value. **Cash only due to building insurance coverage. Don't miss this opportunity to own a beautifully renovated condo in a desirable North Miami Beach location!**
Features
- First Floor Entry
- Elevator
- East Of Us1
- Other
- Canal
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- Ok To Lease
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 1-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $1,950–$3,400.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.