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Condominium
$350,000$465 / sqft
1665 Bay Rd # 416, Miami Beach FL 33139
Listed
1
Bedrooms
2
Bathrooms
752 sqft
Interior
1980
Year built
$591 / mo
HOA
Condominium
Type
About this home
Well managed, young boutique 5 story building with both entrances from 1665 Bay Road & 1666 West Avenue for easy access. LOW HOA. 40 Years Recertification Done. New roof starting soon. Located in the residential side of South Beach, offers a perfect blend of convenience, safety and laid back life style. Nestled in a vibrant neighborhood, in close proximity to all the essentials and more. Steps away from a variety of shopping destinations, including high-end boutiques at Sunset Harbour, and Lincoln Road. Enjoy a wide array of restaurants, cafes, and bars, all within walking distance, offering everything from casual bites to fine dining experiences. Multiple grocery stores, popular chains like Trader Joe's and specialty food markets for your daily needs. Parks like Maurice Gibb Memorial, fitness centers, and the beautiful waterfront marina are perfect for outdoor activities and relaxation. Going to the main land, the water taxi is within steps. Amenities include: Swimming Pool. Take a refreshing dip or lounge poolside to enjoy the sunny and warm Miami Beach weather. Reserve the party room for family and friend gatherings. Gated Parking: Enjoy the convenience of secure, on-site parking for your vehicle with electronic opener. 24/7 Security Cameras: community is equipped with security features to ensure a safe environment for all residents. Laundry Facilities: Convenient, on-site laundry facilities are available on every floor. Central A/C. Impact windows. Come and see it.
Features
- Built-in Features
- Closet Cabinetry
- Custom Mirrors
- Fire Sprinklers
- Entrance Foyer
- Pantry
- Walk-In Closet(s)
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 in Miami Beach, from 200 active listings; the middle half ask $2,350–$4,500.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.