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Active
Condominium
$199,000$171 / sqft

16400 NE 17th Ave # 206, North Miami Beach FL 33162

2
Bedrooms
2
Bathrooms
1,166 sqft
Interior
1969
Year built
$432 / mo
HOA
Condominium
Type

About this home

INVESTOR ALERT! Rare opportunity to acquire a true 2BR/2BA corner unit in the Three Seasons community in the heart of North Miami Beach. Low HOA of $432.56/month. Strong North Miami Beach rental market; currently rented for $2200 a month (lease ends 5/31/2027). The kitchen and bathrooms have been recently remodeled, the AC was replaced in 2022, and the unit features a tankless water heater and was freshly painted throughout. The bright corner layout brings in abundant natural light, and an enclosed sun room adds additional living space. Adjacent to the scenic Snake Creek Trail with quick access to I-95, Aventura Mall, beaches, parks, shopping, dining, and the NMB public library. Shared laundry on every floor. 50-year recertification passed. Association maintains reserves; seller has paid all special assessments in full. Cash offers only.

Features

  • Elevator
  • Walk-In Closet(s)
  • Pool Area View

Estimated loan & HOA

$1,438

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

Principal & interest
$1,006
HOA
$432 / 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
Gravity Real Estate, 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.