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Waterfront · Condominium
$449,999$402 / sqft
500 Bayview Dr # 1420, Sunny Isles Beach FL 33160
Listed
2
Bedrooms
2
Bathrooms
1,120 sqft
Interior
1969
Year built
$1,091 / mo
HOA
Condominium
Type
About this home
CREATIVE TERMS AVAILABLE — Seller Financing with Flexible Down Payment Arlen House West, Sunny Isles Beach — 2 bed / 2 bath, 1,220 sf Whether you're buying to live in or to hold, this unit checks both boxes. Bright, open living with split bedrooms, floor-to-ceiling glass, and a private balcony with sunrise city and water views. kitchen with ample storage, a spacious primary suite with walk-in closet, and a generous second bedroom that works as a guest room or office. Resort-style amenities: heated pool, fitness center, tennis, 24-hour lobby, and valet, all in a marina setting directly across from the beach. HOA covers water, cable/internet, security, and common areas, which keeps carrying costs predictable for an investor and simple for an owner-occupant. One assigned parking space plus guest parking. Minutes to Bal Harbour Shops, Aventura, and top dining. For investors: the seller-financing structure means you can close with less cash out of pocket and stretch payments over a long term, while the leaseback option delivers income from day one with no vacancy or turnover. Easy to show and ready for its next owner or investor. Reach out for terms and a private showing.
Features
- Walk-In Closet(s)
- Barbeque
- Courtyard
- Open Balcony
- 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 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,300–$4,801.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.