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Waterfront · Condominium
$1,499,000$662 / sqft
203 Poinciana Dr # 103, Sunny Isles Beach FL 33160
Listed
3
Bedrooms
3
Bathrooms
2,265 sqft
Interior
1980
Year built
$1,640 / mo
HOA
Condominium
Type
About this home
Waterfront living at its finest in Sunny Isles Beach's exclusive Poinciana Island. Breathtaking direct water views! 2 story high ceiling height. This spectacular home is closest to Collins Ave & the beach. This spacious 3 bedroom 2.5 bath home with large terrace and garage offers the finest features & finishes including impact glass windows, stunning porcelain floors throughout, glass staircase, all new appliances, custom lighting, and more! A dream home! Poinciana Island boasts resort-style perks like two heated pools, four tennis courts, basketball, a gym, a clubhouse, and a scenic boardwalk that circles the island. The beach is just across the street, with Bal Harbour Shops and Aventura Mall only minutes away. It’s a rare chance to enjoy space, privacy, and true waterfront living right in the heart of Sunny Isles.
Features
- First Floor Entry
- East Of Us1
- Canal
- Intracoastal View
- Skyline
- Water View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- Ok To Lease
- Okay To Lease 1st Year
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 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,900–$12,000.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.