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Waterfront · Condominium
$370,000$281 / sqft
16558 NE 26th Ave # 2G, North Miami Beach FL 33160
Listed
2
Bedrooms
2
Bathrooms
1,318 sqft
Interior
1974
Year built
$966 / mo
HOA
Condominium
Type
About this home
Stunning, fully renovated 2-bedroom + den/2-bath residence in the sought-after Reef Club waterfront community on Maule Lake — a navigable lake connecting directly to the Intracoastal Waterway and the Oleta River, providing water access to Biscayne Bay and the ocean. This 1,318 SF unit was completely updated in 2022 with new kitchen cabinetry, stainless steel LG appliances, and laminate wood flooring throughout. Enjoy spectacular lake views from your private balcony, with the versatile den ideal as a home office, media room, or guest space. Building features new elevators, 24/7 security with phone entry, a resort-style pool, fitness center, tennis courts, sauna, and a private boat dock — kayak friendly! One assigned parking space included. HOA covers cable, water, and building insurance. Minutes to Sunny Isles Beach, Aventura Mall, top dining, and easy highway access. A rare opportunity to own a move-in-ready waterfront gem with true boating access in one of North Miami Beach's most desirable communities!
Features
- Closet Cabinetry
- Open Balcony
- Bay
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- No Daily Rentals
- 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 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,300–$5,600.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.