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Waterfront · Condominium
$317,000$496 / sqft
220 Kings Point Dr # 106, Sunny Isles Beach FL 33160
Listed
1
Bedrooms
1
Bathrooms
639 sqft
Interior
1962
Year built
$1,290 / mo
HOA
Condominium
Type
About this home
Beautiful Waterview Apartment with Balcony – Walk to the Beach! Enjoy tranquil water views from your private balcony in this spacious and bright unit, located in a charming boutique building with a brand-new lobby. Just a short walk to the beach, this apartment offers the perfect combination of location, lifestyle, and investment potential. Unit features include: Balcony with serene waterviews, Cable and Wi-Fi included, Peaceful and well-maintained environment, Immediate availability, Rent right after purchase – up to 2 times/year (30-day min lease). Perfect for year-round living, vacation use, or as an income-producing property. This is a unique opportunity to own in a prime location with the potential to benefit from a future bulk sale of the building. Easy to show. Schedule your visit!
Features
- First Floor Entry
- None
- Open Balcony
- Canal
- Water View
Leasing
- Minimum lease
- 30 days
- Leases permitted per year
- 2
- 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 1-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,000–$3,800.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.