Off-Market Condo: Arlen Hous19 at 500 Bayview Dr, North Miami Beach, FL 33160

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented long-term for an average of $2,206 per month, based on comparable local listings. Estimated long-term cap rate of -1.2%. Welcome to 500 Bayview in the heart of Sunny Isles Beach, FL! This stunning 1-bedroom, 1.5-bathroom condo offers the perfect blend of luxury and convenience, making it an ideal choice for those seeking the best of South Florida living.Enjoy panoramic views of the Waterway and the city skyline from your private balcony.The building offers a wealth of amenities including a swimming pool, fitness center, and a marina. You'll feel like you're on vacation every day! Located in Sunny Isles Beach, you're just minutes away from pristine beaches, upscale shopping at Aventura/Bal Harbour Mall, and a variety of dining options. The area is known for its vibrant community and excellent schools.The building provides 24-hour security & valet parking.

Property Information
Monthly Rent
$2,206
Monthly HOA
$645
Rental Policy
STR Restrictions
Yearly Taxes
$2612
Bedrooms
1
Bathrooms
1
SQFT
762
Furnished
N/A
Year built
1969
Listing Status
Off Market
MLS
A11634677

Long-term Rental Potential
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$26,472

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,206/mo

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