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Active
ActiveWaterfront · Townhouse
$2,950,000$610 / sqft
4008 NE 167th Street, North Miami Beach FL 33160
Listed
4
Bedrooms
4,833 sqft
Interior
2024
Year built
$1,100 / mo
HOA
Townhouse
Type
About this home
Koya Bay is an exclusive waterfront development built in 2024, offering a sophisticated lifestyle with stunning Intracoastal surroundings. Townhouse 6 features approximately 3,500 square feet of living space across four levels, with 4 bedrooms and 4.5 bathrooms. Expansive floor-to-ceiling impact glass and stacking doors fill the interiors with natural light while creating a seamless connection between indoor and outdoor living. The thoughtfully designed kitchen showcases custom wall paneling and premium Wolf and Sub-Zero appliances. The private rooftop retreat is designed for entertaining, complete with a summer kitchen, outdoor dining area, and plunge pool. Additional highlights include a pre-wired smart home system and security features accessible via touchscreen or smartphone app.
Features
- Elevator
- Pantry
- Split Bedroom
- Vaulted Ceiling(s)
- Volume Ceilings
- Walk-In Closet(s)
- Den/Library/Office
- Family Room
- Media Room
- Utility Room/Laundry
- Barbeque
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 4-bed rentals across Miami-Dade, from 199 active listings; the middle half ask $2,995–$4,000.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.