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Waterfront · Condominium
$400,000$369 / sqft
4000 NE 170th St # 200, North Miami Beach FL 33160
Listed
2
Bedrooms
2
Bathrooms
1,085 sqft
Interior
1974
Year built
$842 / mo
HOA
Condominium
Type
About this home
Beautiful waterfront corner residence in the guard-gated community of Eastern Shores with peaceful bay views and a spacious wraparound balcony. This bright 2-bedroom, 2-bath home offers abundant natural light, a generous primary suite with walk-in closet, in-unit washer and dryer, and 2 assigned parking spaces. The building has completed major improvements, including the roof and elevators, with structural concrete restoration and additional exterior improvements currently underway. An existing special assessment is currently being paid by the owner and is funding major building improvements. Assessment details and payment information available upon request. Enjoy a quiet, primarily owner-occupied community with resident boat slips (waiting list) and a potential nearby 30-foot dock rental opportunity. Ideally located minutes from Sunny Isles Beach, Oleta River State Park, Aventura Mall, dining, shopping, and major highways.
Features
- First Floor Entry
- Walk-In Closet(s)
- Bay
- Canal
- Water View
Leasing
- Minimum lease
- 120 days
- Leases permitted per year
- 1
- No Lease-1st Year Owned
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 $2,350–$5,000.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.