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Waterfront · Condominium
$259,900$366 / sqft
2841 NE 163rd St # 607, North Miami Beach FL 33160
Listed
1
Bedrooms
1
Bathrooms
710 sqft
Interior
1968
Year built
$604 / mo
HOA
Condominium
Type
About this home
Step through the front door, and the water is already there in front of you. It stays with you from the kitchen, the dining table, the sofa, the bedroom. There's no hunting for the good angle in this one. Morning coffee on the balcony with the bay straight ahead and boats making their way toward the ocean. Sixth floor at Stratford House, where the view does the talking. Inside, everything is new. Kitchen, appliances, bathroom, flooring. Offered furnished or unfurnished. Heated pool on the water, a real fitness center with cardio and strength equipment, BBQ area, game room, kayak and paddleboard access. On-site management, assigned parking, easy guest parking. The building has completed its 40-year recertification, structural reserves are fully funded, there is no special assessment, and maintenance holds flat for 2026. That combination is increasingly rare on this waterfront. No leasing during the first two years of ownership. Oleta River State Park is across the street, while Sunny Isles Beach, Aventura, Bal Harbour, Costco, and FIU are all minutes away. Shopping, dining, schools, and entertainment are also conveniently accessible.
Features
- First Floor Entry
- East Of Us1
- Barbeque
- Bay
- Canal
- Intracoastal View
- Ocean View
- Pool Area View
- Water View
Leasing
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–$3,500.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.