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Condominium
$195,000$230 / sqft
2935 NE 163rd St # 4T, North Miami Beach FL 33160
Listed
1
Bedrooms
2
Bathrooms
846 sqft
Interior
1973
Year built
$580 / mo
HOA
Condominium
Type
About this home
An excellent opportunity to own in a convenient North Miami location at an attractive price point. This spacious 1-bedroom, 1.5-bath condo offers 874 sq ft of comfortable living space, a remodeled kitchen with newer appliances, private balcony, onsite pool area, assigned parking plus guest parking, and one of the lowest maintenance fees in the area. The unit is currently tenant occupied with a lease in place through July 2027, offering flexibility for a buyer seeking a future residence or long-term ownership opportunity. Enjoy a walkable location near restaurants, grocery stores, shopping, and everyday conveniences, with Oleta River State Park nearby for outdoor recreation. Conveniently located minutes from Sunny Isles Beach, Aventura Mall, parks, beaches, and major highways. A great opportunity to own a well-located South Florida property combining convenience, coastal access, and value.
Features
- First Floor Entry
- Other
- Open Balcony
- Other View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- Ok To Lease
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
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–$3,495.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.