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2
Bedrooms
3
Bathrooms
1,440 sqft
Interior
1970
Year built
$1,438 / mo
HOA
Condominium
Type
About this home
Two stories of pure design! The largest penthouse at Towne Royale, a boutique building of just 54 residences in a quiet corner of Sunny Isles Beach, COMPLETELY REMODELED from top to bottom with all permits finalized. The open main level stuns from the door: custom kitchen with waterfall quartz island and built-in cooktop, walnut cabinetry with brass accents, open shelving, checkerboard floors, a linear fireplace framed by arched built-ins, a chic powder room, and a floating staircase as the centerpiece. Upstairs, two oversized bedrooms and two full baths live like a private retreat: the extra-large primary suite enjoys OCEAN VIEWS and its own balcony, one of two in the home. The building is crowned by a rooftop pool with ocean views, with the sand two blocks away and Aventura Mall and Bal Harbour Shops minutes from your door. House-sized living, designer finishes and penthouse light: unique, turnkey and ready to impress. Ideal as a home or investment.
Features
- Other
- East Of Us1
- Open Balcony
- Other View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- 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 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,300–$5,600.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.