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Waterfront · Condominium
$529,000$422 / sqft
1625 Kennedy Cswy # 603F, North Bay Village FL 33141
Listed
2
Bedrooms
2
Bathrooms
1,253 sqft
Interior
2003
Year built
$955 / mo
HOA
Condominium
Type
About this home
Stunning Corner Unit with Breathtaking Biscayne Bay Views This quiet and spacious 2-bedroom, 2-bathroom corner unit provides unobstructed views of Biscayne Bay, filling the open living area with natural light and a refreshing breeze. Designed for tranquility, there’s no city noise—just the soothing sounds of the water. The airy layout creates a seamless flow between the living, dining, and kitchen areas, great for both relaxing and entertaining. Both bedrooms feature walk-in closets for ample storage. Enjoy amenities, including a pool, gym, barbecue area, and party room. With two private covered parking spaces, extra storage, and guest parking, convenience is at your doorstep. Located just 5 min from the beach and steps from supermarkets, restaurants, and daily essentials.
Features
- Elevator
- Fire Sprinklers
- Walk-In Closet(s)
- Open Balcony
- Bay
- Intracoastal View
- Ocean View
Leasing
- Minimum lease
- Not stated
- No Daily Rentals
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.
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–$4,900.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.