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Waterfront · Condominium
$270,000$287 / sqft
1865 79th St Cswy # 16B, North Bay Village FL 33141
Listed
1
Bedrooms
1
Bathrooms
940 sqft
Interior
1952
Year built
$891 / mo
HOA
Condominium
Type
About this home
Live above the water with panoramic bay + skyline views from this renovated 16th-floor residence at the Kennedy House — one of North Bay Village’s most investor-friendly waterfront buildings. This spacious 1BD/1BA, 940 sq ft unit features new impact windows & doors, updated electrical panel, tile flooring throughout, a modern kitchen with stainless steel appliances, and two walk-in closets — rare at this price point. The Kennedy House offers immediate leasing, making this an ideal opportunity for investors seeking strong rental demand and end-users wanting a move-in-ready waterfront home. Amenities include a bayfront pool, fitness center, saunas, private fishing dock, 24/7 attended lobby, and high-speed internet + cable included in the HOA. Located minutes from Miami Beach, Midtown, Wynwood, and the Design District, North Bay Village is undergoing a major transformation with new luxury developments, improved infrastructure, and rising property values. Whether you’re an investor looking for a high-demand rental or a buyer wanting unobstructed water views at an unbeatable price, Unit 16B delivers the lifestyle and ROI Miami buyers want.
Features
- Walk-In Closet(s)
- Open Balcony
- Intracoastal View
- Ocean View
- Water View
Leasing
- Minimum lease
- 30 days
- Leases permitted per year
- 2
- 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 $2,000–$3,750.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.