17125 N Bay Rd Apt 3105
Sunny Isles Beach, FL 33160 · condos · For Sale · 7 days on market
Asking price$475,000
3 beds 2 baths 1,264 sqft
Listed by Ian Vucetich · Miami Realty Brokers, Corp
Typecondos
Built2003
Price / sqft$376
Est. value (own analysis)$1,012,325
Rent estimate (own analysis)$5,500/mo
HOA$1,155/mo
Wind10/10Extreme$Heat10/10ExtremeFlood9/10extreme$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-08-26
Removed date—
MLSMiamiMLS #A12078245
Coordinates25.93433, -80.12519
Address17125 N Bay Rd Apt 3105
CitySunny Isles Beach
StateFL
Zip33160
Listing ID5708679373
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33160)
Typical home value (ZHVI)$518,452
Typical rent (ZORI)$3,079/mo
Zillow Research's ZHVI (home value index) and ZORI (rent index) for this ZIP, as of 2026-07 — free published data, refreshed monthly, no RentCast quota spent. "Typical value/rent" is a smoothed index, not a literal median of active listings.
Underwriting (buy-and-hold, default assumptions)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $475,000 |
| Down payment (20.0%) | $95,000 |
| Loan amount | $380,000 |
| Closing costs (5.0%) | $23,750 |
| Total cash to close | $118,750 |
| Income | |
| Rent (comp-derived) | $5,500$66,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $5,060$60,720 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $752$9,025 |
| Insurance (est. scaled by flood & wind risk) | $697$8,360 |
| HOA dues | $1,155$13,860 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $275$3,300 |
| Total operating expenses | $2,879$34,545 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $275$3,300 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Same ZIP. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| apartment | 3 | 2.5 | 1,430 | $4,200 | 2026-07-15 | — | |
| condos | 3 | 2 | 894 | $2,400 | 2026-07-17 | — | |
| condos | 3 | 3 | 1,687 | $3,350 | 2026-04-24 | — | |
| condos | 3 | 3 | 1,610 | $3,400 | 2026-04-30 | — | |
| condos | 3 | 3 | 1,290 | $3,600 | 2026-08-28 | — | |
| condos | 3 | 2 | 1,450 | $3,750 | 2026-08-17 | — | |
| condos | 3 | 2 | 1,320 | $3,900 | 2026-04-23 | — | |
| condos | 3 | 3 | 1,556 | $5,500 | 2026-08-14 | — | |
| condos | 3 | 2 | 1,665 | $4,000 | 2026-07-06 | — | |
| condos | 3 | 2 | 1,264 | $3,600 | 2026-07-19 | — | |
| condos | 3 | 3 | 1,705 | $5,900 | 2026-06-01 | — | |
| condos | 3 | 2 | 1,458 | $6,000 | 2026-08-25 | — | |
| condos | 3 | 2 | 1,447 | $4,500 | 2026-07-06 | — | |
| condos | 3 | 3 | 1,434 | $6,800 | 2026-05-29 | — | |
| apartment | 3 | 3 | 1,556 | $6,500 | 2026-07-23 | — | |
| apartment | 3 | 1 | 1,100 | $2,200 | 2026-08-15 | — | |
| condos | 3 | 3 | 1,705 | $6,100 | 2026-03-17 | — | |
| apartment | 3 | 3 | 1,541 | $8,400 | 2026-07-08 | — | |
| condos | 3 | 2 | 1,580 | $7,500 | 2026-08-18 | — | |
| condos | 3 | 3 | 1,570 | $4,150 | 2026-08-10 | — | |
| condos | 3 | 3 | 1,556 | $5,900 | 2026-07-29 | — | |
| condos | 3 | 2 | 1,505 | $4,500 | 2026-05-08 | — | |
| condos | 3 | 2 | 1,414 | $4,500 | 2026-07-30 | — | |
| condos | 3 | 2 | 1,353 | $3,900 | 2026-06-27 | — | |
| condos | 3 | 3 | 1,705 | $5,850 | 2026-04-06 | — | |
| condos | 3 | 2 | 1,525 | $3,800 | 2026-08-12 | — | |
| condos | 3 | 2 | 1,580 | $8,500 | 2026-05-18 | — | |
| condos | 3 | 2 | 1,458 | $4,500 | 2026-08-12 | — | |
| condos | 3 | 3 | 1,556 | $6,450 | 2026-08-02 | — | |
| condos | 3 | 2 | 1,320 | $4,500 | 2026-06-30 | — | |
| condos | 3 | 3 | 1,705 | $6,500 | 2026-05-08 | — | |
| condos | 3 | 2 | 1,525 | $5,700 | 2025-08-28 | — | |
| condos | 3 | 2 | 1,320 | $3,990 | 2026-06-17 | — | |
| condos | 3 | 3 | 1,557 | $5,800 | 2026-02-18 | — | |
| condos | 3 | 2 | 1,320 | $5,100 | 2023-05-02 | — | |
| condos | 3 | 2 | 1,353 | $3,900 | 2026-06-17 | — | |
| condos | 3 | 3 | 1,686 | $6,600 | 2026-08-24 | — | |
| condos | 3 | 3 | 1,686 | $7,500 | 2026-07-20 | — | |
| condos | 3 | 3 | 1,556 | $6,500 | 2026-06-30 | — | |
| condos | 3 | 2 | 1,560 | $6,950 | 2026-05-07 | — | |
| condos | 3 | 3 | 1,570 | $5,000 | 2024-04-09 | — | |
| condos | 3 | 2 | 1,489 | $4,900 | 2026-08-06 | — | |
| condos | 3 | 2 | 1,458 | $5,000 | 2026-08-14 | — | |
| condos | 3 | 2 | 1,458 | $5,300 | 2026-04-30 | — | |
| condos | 3 | 2 | 1,449 | $4,900 | 2026-08-18 | — | |
| condos | 3 | 3 | 1,524 | $6,999 | 2026-07-08 | — | |
| apartment | 3 | 1 | 1,000 | $2,800 | 2026-08-18 | — | |
| condos | 3 | 2 | 1,449 | $6,000 | 2026-06-19 | — | |
| apartment | 3 | 1 | 1,000 | $2,800 | 2026-07-02 | — | |
| condos | 3 | 3 | 1,524 | $7,000 | 2025-01-11 | — | |
| condos | 3 | 3 | 1,705 | $6,800 | 2026-05-27 | — | |
| condos | 3 | 3 | 1,705 | $6,500 | 2026-05-26 | — | |
| condos | 3 | 3 | 1,524 | $6,900 | 2026-08-19 | — | |
| apartment | 3 | 2 | 1,447 | $6,300 | 2026-07-27 | — | |
| condos | 3 | 2 | 1,458 | $5,000 | 2026-08-10 | — | |
| apartment | 3 | 3 | 1,384 | $8,000 | 2025-04-29 | — | |
| condos | 3 | 2 | 1,447 | $5,000 | 2026-07-17 | — | |
| condos | 3 | 2 | 1,320 | $4,400 | 2026-06-23 | — | |
| condos | 3 | 2 | 1,447 | $5,050 | 2024-04-23 | — | |
| condos | 3 | 2 | 1,492 | $5,500 | 2026-07-01 | — | |
| condos | 3 | 2 | 1,458 | $5,250 | 2025-09-05 | — | |
| condos | 3 | 2 | 1,458 | $5,100 | 2026-04-21 | — | |
| condos | 3 | 2 | 1,447 | $5,900 | 2025-10-30 | — | |
| condos | 3 | 2 | 1,458 | $5,000 | 2026-05-08 | — | |
| condos | 3 | 2 | 1,449 | $5,500 | 2026-04-13 | — | |
| condos | 3 | 2 | 1,461 | $5,000 | 2026-05-06 | — | |
| condos | 3 | 3 | 1,329 | $6,200 | 2026-07-06 | — | |
| condos | 3 | 3 | 1,524 | $6,500 | 2026-08-20 | — | |
| condos | 3 | 2 | 1,489 | $5,800 | 2026-07-28 | — | |
| condos | 3 | 2 | 1,461 | $5,350 | 2026-07-21 | — | |
| condos | 3 | 2 | 1,458 | $5,950 | 2026-06-23 | — | |
| condos | 3 | 2 | 1,320 | $5,300 | 2026-03-04 | — | |
| condos | 3 | 2 | 1,458 | $5,800 | 2026-06-01 | — | |
| condos | 3 | 2 | 1,447 | $5,500 | 2025-03-17 | — | |
| condos | 3 | 2 | 1,449 | $6,000 | 2026-06-19 | — | |
| condos | 3 | 2 | 1,577 | $7,200 | 2026-04-06 | — | |
| condos | 3 | 3 | 1,524 | $6,750 | 2026-05-13 | — | |
| condos | 3 | 3 | 1,385 | $7,999 | 2026-04-23 | — | |
| condos | 3 | 2 | 1,461 | $5,050 | 2023-09-11 | — | |
| condos | 3 | 2 | 1,489 | $5,500 | 2026-07-20 | — | |
| condos | 3 | 2 | 1,447 | $7,550 | 2024-04-15 | — | |
| condos | 3 | 2 | 1,458 | $6,000 | 2025-09-01 | — | |
| condos | 3 | 2 | 1,665 | $4,000 | — | — | |
| condos | 3 | 2 | 1,580 | $8,500 | — | — | |
| condos | 3 | 2 | 1,537 | $3,600 | — | — | |
| apartment | 3 | 3 | 1,541 | $5,700 | — | — | |
| condos | 3 | 3 | 1,541 | $5,700 | 2026-07-16 | — | |
| condos | 3 | 3 | 1,705 | $6,800 | — | — | |
| condos | 3 | 2 | 1,414 | $4,500 | — | — | |
| condos | 3 | 3 | 1,686 | $7,000 | — | — | |
| apartment | 3 | 2 | 1,296 | $4,272 | — | — | |
| apartment | 3 | 2 | 1,197 | $3,998 | — | — | |
| apartment | 3 | 2 | 1,197 | $4,128 | — | — | |
| condos | 3 | 3 | 1,705 | $6,800 | — | — | |
| condos | 3 | 2 | 1,447 | $5,900 | 2025-12-03 | — | |
| condos | 3 | 2 | 1,492 | $5,200 | 2026-08-29 | — | |
| condos | 3 | 3 | 1,610 | $3,600 | 2026-09-01 | — |
Same ZIP & bedroom count. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 18555 Collins Ave Apt 2805 | condos | 3 | 5 | 3,171 | $3,500,000 | 2026-09-01 |
| 2000 Island Blvd Apt 1109 | condos | 3 | 3 | 2,630 | $825,000 | 2026-08-28 |
| 300 Sunny Isles Blvd Unit 4-807 | condos | 3 | 4 | 1,892 | $1,240,000 | 2026-08-28 |
| 330 Sunny Isles Blvd Unit 5-1708 | condos | 3 | 4 | 1,892 | $1,500,000 | 2026-08-26 |
| 17301 Biscayne Blvd Apt 1106 | condos | 3 | 4 | 2,158 | $985,000 | 2026-08-25 |
| 15811 Collins Ave Apt 2201 | condos | 3 | 4 | 2,928 | $2,525,000 | 2026-08-24 |
| 17890 W Dixie Hwy Apt 307 | condos | 3 | 2 | 1,652 | $290,000 | 2026-08-20 |
| 17375 Collins Ave Unit 1708 | condos | 3 | 3 | 1,860 | $780,000 | 2026-08-14 |
| 16001 Collins Ave Apt 1504 | condos | 3 | 4 | 2,327 | $2,800,000 | 2026-08-13 |
| 150 Sunny Isles Blvd Unit 1-1505 | condos | 3 | 2 | 1,489 | $730,000 | 2026-08-04 |
| 6000 Island Blvd Apt 1002 | condos | 3 | 4 | 2,840 | $2,625,000 | 2026-07-31 |
| 15901 Collins Ave Apt 4106 | condos | 3 | 4 | 2,327 | $2,300,000 | 2026-07-28 |
| 15811 Collins Ave Apt 1601 | condos | 3 | 4 | 2,928 | $2,500,000 | 2026-07-27 |
| 2000 Island Blvd Apt 602 | condos | 3 | 3 | 1,890 | $505,000 | 2026-07-24 |
| 15811 Collins Ave Apt 1803 | condos | 3 | 3 | 1,935 | $1,535,000 | 2026-07-21 |
| 200 Sunny Isles Blvd Unit 2-701 | condos | 3 | 2 | 1,447 | $600,000 | 2026-07-21 |
| 19333 Collins Ave Apt 2304 | condos | 3 | 3 | 2,420 | $1,519,000 | 2026-07-21 |
| 18151 NE 31st Ct Apt 602 | condos | 3 | 3 | 1,610 | $400,000 | 2026-07-16 |
| 7000 Island Blvd Apt 1109 | condos | 3 | 3 | 2,730 | $1,325,000 | 2026-07-15 |
| 17555 Collins Ave Apt 2703 | condos | 3 | 3 | 1,840 | $1,960,000 | 2026-07-08 |
| 16001 Collins Ave Apt 1502 | condos | 3 | 4 | 1,979 | $1,600,000 | 2026-07-07 |
| 330 Sunny Isles Blvd Unit 5-1408 | condos | 3 | 4 | 1,892 | $1,650,000 | 2026-07-06 |
| 250 Sunny Isles Blvd Unit 3-802 | condos | 3 | 2 | 1,461 | $750,000 | 2026-07-06 |
| 17150 N Bay Rd Apt 2914 | condos | 3 | 2 | 1,353 | $580,000 | 2026-07-01 |
| 16001 Collins Ave Apt 4001 | condos | 3 | 4 | 2,768 | $2,700,000 | 2026-07-01 |
| 18555 Collins Ave Apt 1705 | condos | 3 | 5 | 4,154 | $4,700,000 | 2026-07-01 |
| 330 Sunny Isles Blvd Unit 5-1902 | condos | 3 | 4 | 1,892 | $1,825,000 | 2026-06-30 |
| 16901 Collins Ave Apt 2203 | condos | 3 | 5 | 2,496 | $4,250,000 | 2026-06-30 |
| 6995898462 | condos | 3 | 7 | 4,609 | $7,200,000 | 2026-06-26 |
| 18201 Collins Ave Apt 4404 | condos | 3 | 4 | 2,174 | $2,089,000 | 2026-06-25 |
| 16001 Collins Ave Apt 2902 | condos | 3 | 4 | 1,979 | $1,700,000 | 2026-06-25 |
| 3301 NE 183rd St Ph 9 | condos | 3 | 4 | 3,073 | $1,565,000 | 2026-06-23 |
| 18555 Collins Ave Apt 1101 | condos | 3 | 5 | 3,150 | $3,200,000 | 2026-06-18 |
| 4000 Island Blvd Apt 1704 | condos | 3 | 4 | 3,365 | $1,100,000 | 2026-06-15 |
| 17875 Collins Ave Unit 3605 | condos | 3 | 3 | 2,214 | $3,150,000 | 2026-06-12 |
| 300 Sunny Isles Blvd Unit 4-1407 | condos | 3 | 4 | 1,892 | $1,200,000 | 2026-06-10 |
| 17555 Collins Ave Apt 607 | condos | 3 | 3 | 1,840 | $1,650,000 | 2026-06-08 |
| 1000 W Island Blvd Apt 3002 | condos | 3 | 3 | 2,055 | $625,000 | 2026-06-04 |
| 6000 Island Blvd Apt 1007 | condos | 3 | 4 | 2,840 | $2,475,000 | 2026-06-02 |
| 1000 W Island Blvd Apt 2909 | condos | 3 | 3 | 1,880 | $550,000 | 2026-06-01 |
Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| condos | 3 | 3 | 1,860 | $700,000 | — | |
| 17375 Collins Ave Unit 808 | condos | 3 | 3 | 1,860 | $825,000 | — |
| 3301 NE 183rd St Unit 1607 | condos | 3 | 4 | 3,069 | $1,690,000 | — |
| 18061 Biscayne Blvd Apt 502 | condos | 3 | 2 | 1,251 | $250,000 | — |
| 3700 Island Blvd Unit C402 | condos | 3 | 2 | 1,640 | $799,000 | — |
| 200 Sunny Isles Blvd Unit 2-1202 | condos | 3 | 2 | 1,615 | $799,900 | — |
| 3601 NE 170th St Apt 605 | condos | 3 | 2 | 1,300 | $320,000 | — |
| 343 190th St | single_family | 3 | 4 | 2,080 | $2,875,000 | — |
10-year hold projection
IRR7.3%
Equity multiple2.15x
Total return (10yr)$198,985
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $489,250 | $26,175 | -$6,429 | $375,880 | $113,370 |
| 2 | $503,928 | $27,133 | -$5,553 | $371,477 | $132,450 |
| 3 | $519,045 | $28,124 | -$4,647 | $366,772 | $152,274 |
| 4 | $534,617 | $29,149 | -$3,708 | $361,743 | $172,873 |
| 5 | $550,655 | $30,210 | -$2,737 | $356,370 | $194,286 |
| 6 | $567,175 | $31,307 | -$1,731 | $350,627 | $216,548 |
| 7 | $584,190 | $32,441 | -$690 | $344,490 | $239,700 |
| 8 | $601,716 | $33,615 | $388 | $337,931 | $263,784 |
| 9 | $619,767 | $34,829 | $1,504 | $330,922 | $288,845 |
| 10 | $638,360 | $36,084 | $2,659 | $323,432 | $314,928 |
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.