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Condominium at 2040 NE 167 th # 128, North Miami Beach FL 33162Pending
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Waterfront · Condominium
$367,000$310 / sqft

2040 NE 167 th # 128, North Miami Beach FL 33162

3
Bedrooms
3
Bathrooms
1,182 sqft
Interior
2006
Year built
$529 / mo
HOA
Condominium
Type

About this home

Beautifully renovated Mediterranean-style townhouse built in 2006, offering 3 bedrooms, 2.5 bathrooms, and modern upgrades throughout. This move-in-ready home combines the comfort of newer construction with extensive recent improvements, including a brand-new 2025 roof and impact-resistant windows and doors installed in 2025. Fully Renovated Move-In Ready Modern Kitchen New Washer & Dryer New AC & Water Heater Private Patio Spacious Primary Suite with Walk-In Closet & Private Balcony Assigned Parking Directly in Front of the Unit Community Pool & On-Site Management Rentals Allowed Pets Allowed (HOA Rules) Annual PACE assessment for Impact Windows $2,160 per year (collected through property taxes) Property can be delivered vacant shortly after closing

Features

  • First Floor Entry
  • Closet Cabinetry
  • Other
  • Pantry
  • Walk-In Closet(s)
  • West Of Us1
  • Open Balcony
  • Canal

Location

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

Estimated loan & HOA

$2,385

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

Principal & interest
$1,856
HOA
$529 / 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
Beycome of Florida 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.