201 178th Dr Apt 426

Sunny Isles Beach, FL 33160 · condos · For Sale · 323 days on market
Asking price$439,000
2 beds 2 baths 740 sqft
Suggested offer$243,919$195,081 above the est. market value of $243,919.
View on Realtor.com →
Listed by Claudia Swanes · Keyes - Aventura
Typecondos
Built1972
Price / sqft$593
Est. value (own analysis)$243,919
Rent estimate (own analysis)$2,450/mo
HOA$520/mo
Street view
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Neighborhood

Show every detail
Statusfor_sale
Listed date2025-10-14
Removed date
MLSMiamiMLS #A11896240
Coordinates25.94043, -80.12381
Address201 178th Dr Apt 426
CitySunny Isles Beach
StateFL
Zip33160
Listing ID6546399264
Sourceus-real-estate-listings, cached 2026-08-28

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)

Purchase price$439,000
Down payment (20.0%)$87,800
Loan amount$351,200
Closing costs (5.0%)$21,950
Total cash to close$109,750
Rent (comp-derived)$2,450$29,400
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$29,400
Vacancy rate (assumption) assumption8.0%

$29,400 × 8.0% = $2,352

Effective gross income$2,254$27,048
Property tax (placeholder 1.9% of price)$695$8,341
Insurance (placeholder 0.8% of price)$293$3,512
HOA dues$520$6,240
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$123$1,470
Total operating expenses$1,630$19,563
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$27,048
Total operating expenses derived$19,563

$27,048 − $19,563 = $7,485

Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

Monthly Principal & Interest

Standard amortization on the loan amount, at the effective rate and term

Loan amount derived$351,200
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$351,200 amortized at 6.7% over 30 years = $2,257/mo

CapEx reserve (5.0% of GSR)$123$1,470
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)$0$0
Cash flow

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived$7,485
Annual debt service derived$27,083
Annual CapEx reserve assumption$1,470
Annual PMI assumption$0

($7,485 − $27,083 − $1,470 − $0) ÷ 12 = -$1,756

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$7,485
Purchase price data$439,000

$7,485 ÷ $439,000 = 1.7%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$21,068
Total cash to close derived$109,750

-$21,068 ÷ $109,750 = -19.2%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$7,485
Annual debt service derived$27,083

$7,485 ÷ $27,083 = 0.28

Rent-to-price (1% rule)

Rent-to-Price (the "1% rule")

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$29,400
Purchase price data$439,000

($29,400 ÷ 12) ÷ $439,000 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$439,000
Gross scheduled rent (annual) comp$29,400

$439,000 ÷ $29,400 = 14.9

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$19,563
Effective gross income derived$27,048

$19,563 ÷ $27,048 = 72.3%

Break-even occupancy

Break-Even Occupancy

(Total OpEx + Annual Debt Service + Annual PMI) ÷ Gross Scheduled Rent

Total operating expenses derived$19,563
Annual debt service derived$27,083
Annual PMI assumption$0
Gross scheduled rent (annual) comp$29,400

($19,563 + $27,083 + $0) ÷ $29,400 = 158.7%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
apartment22975$2,5502026-05-20
apartment22975$2,5502026-03-15
condos21768$1,8002026-01-30
condos22872$2,3402026-07-30
condos22894$2,2002026-06-05
condos22894$2,2002026-03-16
condos22740$2,4002026-08-19
condos22909$2,1902026-08-21
apartment21819$2,8002026-08-24
condos21880$2,0002026-05-26
condos22988$2,3802026-08-01
condos22807$2,0002025-07-02
condos22785$2,4002026-07-31
condos22785$2,2002026-07-20
condos22988$2,4002026-03-04
condos22892$2,4502026-07-21
condos22988$2,9502026-08-06
condos22841$2,0002026-04-15
condos23902$2,3502026-06-10
condos22902$2,4002026-05-03
condos22990$2,6002026-06-17
condos22988$2,6002026-07-07
condos22894$2,4002026-05-16
condos22862$2,3002026-07-22
condos22872$2,4502026-08-21
condos22767$2,4002024-09-20
apartment21890$2,3502026-06-23
condos22894$2,6502026-05-07
condos22894$3,0502026-06-10
condos22871$2,1002026-08-04
condos22767$2,4502026-06-17
condos22970$2,5002026-04-17
condos22858$2,5502026-08-02
condos22819$2,3502026-07-28
apartment21900$2,5002026-06-17
condos22824$2,2002026-08-11
condos22988$2,5002026-03-23
condos24970$2,5002026-03-25
condos22934$2,6002026-06-17
condos22740$2,4902026-06-17
condos22847$2,5002026-03-11
condos21907$2,9002026-04-28
condos22905$2,7002026-01-25
condos22943$3,5002026-08-16
condos21907$2,6002026-05-29
apartment22970$3,000
apartment22982$2,923
apartment22921$2,698

250 180th Dr Apt 306

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage975
Listed2026-05-20
Days on market

Asking rent: $2,550

View on Zillow →

250 180th Dr Apt 210

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage975
Listed2026-03-15
Days on market

Asking rent: $2,550

View on Zillow →

3030 Marcos Dr Apt T409

Aventura, 33160 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage768
Listed2026-01-30
Days on market

Asking rent: $1,800

View on Zillow →

201 178th Dr Apt 202

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage872
Listed2026-07-30
Days on market

Asking rent: $2,340

View on Zillow →

16909 N Bay Rd Apt 321

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage894
Listed2026-06-05
Days on market

Asking rent: $2,200

View on Zillow →

16909 N Bay Rd Apt 211

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage894
Listed2026-03-16
Days on market

Asking rent: $2,200

View on Zillow →

201 178th Dr Apt 326

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage740
Listed2026-08-19
Days on market

Asking rent: $2,400

View on Zillow →

3702 NE 171st St Apt 15

North Miami Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage909
Listed2026-08-21
Days on market

Asking rent: $2,190

View on Zillow →

3522 NE 166th St Apt 6

North Miami Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage819
Listed2026-08-24
Days on market

Asking rent: $2,800

View on Zillow →

2841 NE 163rd St Apt 502

North Miami Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage880
Listed2026-05-26
Days on market

Asking rent: $2,000

View on Zillow →

16919 N Bay Rd Apt 916

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage988
Listed2026-08-01
Days on market

Asking rent: $2,380

View on Zillow →

3716 NE 168th St Apt 303

North Miami Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage807
Listed2025-07-02
Days on market

Asking rent: $2,000

View on Zillow →

3868 NE 169th St Apt 402

North Miami Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage785
Listed2026-07-31
Days on market

Asking rent: $2,400

View on Zillow →

3545 NE 167th St Apt 408

North Miami Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage785
Listed2026-07-20
Days on market

Asking rent: $2,200

View on Zillow →

17021 N Bay Rd Apt 219

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage988
Listed2026-03-04
Days on market

Asking rent: $2,400

View on Zillow →

200 177th Dr Apt 308

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage892
Listed2026-07-21
Days on market

Asking rent: $2,450

View on Zillow →

17011 N Bay Rd Apt 1005

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage988
Listed2026-08-06
Days on market

Asking rent: $2,950

View on Zillow →

3582 NE 171st St Apt 301

North Miami Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage841
Listed2026-04-15
Days on market

Asking rent: $2,000

View on Zillow →

201 178th Dr Apt 230

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage902
Listed2026-06-10
Days on market

Asking rent: $2,350

View on Zillow →

201 178th Dr Apt 332

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage902
Listed2026-05-03
Days on market

Asking rent: $2,400

View on Zillow →

250 181st Dr Apt 108

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage990
Listed2026-06-17
Days on market

Asking rent: $2,600

View on Zillow →

17021 N Bay Rd Apt 509

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage988
Listed2026-07-07
Days on market

Asking rent: $2,600

View on Zillow →

16909 N Bay Rd Apt 711

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage894
Listed2026-05-16
Days on market

Asking rent: $2,400

View on Zillow →

3642 NE 171st St Apt 305

North Miami Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage862
Listed2026-07-22
Days on market

Asking rent: $2,300

View on Zillow →

201 178th Dr Apt 403

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage872
Listed2026-08-21
Days on market

Asking rent: $2,450

View on Zillow →

17570 Atlantic Blvd Apt 401

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage767
Listed2024-09-20
Days on market

Asking rent: $2,400

View on Zillow →

2470 NE 182nd Ter Unit 1

North Miami Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage890
Listed2026-06-23
Days on market

Asking rent: $2,350

View on Zillow →

17021 N Bay Rd Apt 815

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage894
Listed2026-05-07
Days on market

Asking rent: $2,650

View on Zillow →

17021 N Bay Rd Apt 429

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage894
Listed2026-06-10
Days on market

Asking rent: $3,050

View on Zillow →

3536 NE 168th St Apt 301

North Miami Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage871
Listed2026-08-04
Days on market

Asking rent: $2,100

View on Zillow →

17560 Atlantic Blvd Apt 501

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage767
Listed2026-06-17
Days on market

Asking rent: $2,450

View on Zillow →

201 180th Dr Apt 114

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage970
Listed2026-04-17
Days on market

Asking rent: $2,500

View on Zillow →

220 Kings Point Dr Apt 501

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage858
Listed2026-08-02
Days on market

Asking rent: $2,550

View on Zillow →

16518 NE 26th Ave Apt 403

North Miami Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage819
Listed2026-07-28
Days on market

Asking rent: $2,350

View on Zillow →

18223 Oleta Dr Unit 18223

North Miami Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage900
Listed2026-06-17
Days on market

Asking rent: $2,500

View on Zillow →

17051 NE 35th Ave Apt 207

North Miami Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage824
Listed2026-08-11
Days on market

Asking rent: $2,200

View on Zillow →

17021 N Bay Rd Apt 624

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage988
Listed2026-03-23
Days on market

Asking rent: $2,500

View on Zillow →

18001 N Bay Rd Apt 505

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 4 ba
Square footage970
Listed2026-03-25
Days on market

Asking rent: $2,500

View on Zillow →

17125 N Bay Rd Apt 3113

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage934
Listed2026-06-17
Days on market

Asking rent: $2,600

View on Zillow →

201 178th Dr Apt 426

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage740
Listed2026-06-17
Days on market

Asking rent: $2,490

View on Zillow →

3522 NE 171st St Apt 202

North Miami Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage847
Listed2026-03-11
Days on market

Asking rent: $2,500

View on Zillow →

17100 N Bay Rd Apt 1511

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage907
Listed2026-04-28
Days on market

Asking rent: $2,900

View on Zillow →

201 178th Dr Apt 231

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage905
Listed2026-01-25
Days on market

Asking rent: $2,700

View on Zillow →

251 174th St Apt 1414

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage943
Listed2026-08-16
Days on market

Asking rent: $3,500

View on Zillow →

17100 N Bay Rd Apt 1911

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage907
Listed2026-05-29
Days on market

Asking rent: $2,600

View on Zillow →

250 181st Dr Apt 107

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage970
Listed
Days on market

Asking rent: $3,000

View on Zillow →

2555 NE 179th St Apt 423

North Miami Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage982
Listed
Days on market

Asking rent: $2,923

View on Zillow →

2555 NE 179th St Apt 118

North Miami Beach, 33160 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage921
Listed
Days on market

Asking rent: $2,698

View on Zillow →

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
100 Bayview Dr Apt 2124condos221,357$6502026-09-02
3551 NE 169th St Apt 301condos221,085$250,0002026-08-31
3862 NE 171st St Unit Ccondos231,200$382,0002026-08-31
230 174th St Apt 902condos221,276$435,0002026-08-26
16400 Collins Ave Apt 1242condos221,530$815,0002026-08-25
300 Bayview Dr Apt 307condos221,350$410,0002026-08-25
18011 Biscayne Blvd Unit 1704-1condos221,605$170,0002026-08-25
17301 Biscayne Blvd Apt 401condos231,999$800,0002026-08-21
3944 NE 167th St Apt 106condos22970$190,0002026-08-21
2851 NE 183rd St Apt 1416Econdos221,693$320,0002026-08-21
17001 Collins Ave Apt 2307condos231,479$1,750,0002026-08-21
2750 NE 183rd St Apt 2108condos221,268$260,0002026-08-19
17051 NE 35th Ave Apt 202condos22861$190,0002026-08-17
3550 NE 169th St Apt 407condos221,085$289,0002026-08-17
300 Bayview Dr Apt 905condos221,350$340,0002026-08-17
17700 N Bay Rd Apt 805condos221,300$640,0002026-08-17
5752196881condos221,115$620,0002026-08-14
400 Sunny Isles Blvd Apt 116condos231,403$820,0002026-08-13
2780 NE 183rd St Ph 4condos221,143$240,0002026-08-10
18975 Collins Ave Unit 5205condos221,296$2,050,0002026-08-10
16485 Collins Ave Apt 536condos232,020$1,500,0002026-08-10
17100 N Bay Rd Apt 1214condos221,024$415,0002026-08-07
17201 Collins Ave Apt 2804condos231,886$1,550,0002026-08-06
17900 N Bay Rd Apt 408condos221,050$410,0002026-08-05
3751 NE 170th St Apt 4condos22990$300,0002026-07-30
290 174th St Apt 1112condos221,240$430,0002026-07-29
301 174th St Apt 820condos221,488$430,0002026-07-24
19333 E Collins Ave Unit 1402condos231,756$1,530,0002026-07-23
16425 Collins Ave Apt 714condos221,760$930,0002026-07-22
5695257764condos221,024$470,0002026-07-22
100 Bayview Dr Apt 205condos221,603$410,0002026-07-22
17315 Collins Ave Unit 806condos22908$439,0002026-07-20
16465 NE 22nd Ave Apt 302condos221,012$195,0002026-07-20
19380 Collins Ave Apt 726condos221,492$440,0002026-07-17
6000 Island Blvd Apt 604condos232,030$1,535,0002026-07-17
3245 NE 184th St Apt 13405condos221,077$435,0002026-07-17
2780 NE 183rd St Ste 1condos221,300$241,0002026-07-16
300 Sunny Isles Blvd Unit 4-1206condos231,524$1,200,0002026-07-16
19370 E Collins Ave Unit 627condos221,505$630,0002026-07-14
17301 Biscayne Blvd Apt 707condos221,904$977,0002026-07-13
3522 NE 171st St Apt 308condos22959$242,0002026-07-10
231 174th St Apt 2308condos221,233$360,0002026-07-09
2750 NE 183rd St Apt 1803condos221,232$166,0302026-07-09
3600 NE 170th St Apt 411condos221,085$200,0002026-07-09
16385 Biscayne Blvd Unit 1819condos221,119$620,0002026-07-07
230 174th St Apt 2402condos221,276$360,0002026-07-06
19390 Collins Ave Ph 7condos221,525$410,0002026-07-02
18201 Collins Ave Unit 5206condos242,137$2,095,0002026-07-01
17475 Collins Ave Unit 1703condos232,070$2,150,0002026-06-30
17021 N Bay Rd Apt 303condos221,031$277,5002026-06-30

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.

AddressTypeBedsBathsSqftAsking priceDays on market
condos221,012$170,000
231 174th St Unit MO3condos221,488$299,000
3660 NE 166th St Apt 114condos221,025$174,000
18021 Biscayne Blvd Apt 504condos221,565$200,000
1000 E Island Blvd Apt 305condos221,230$330,000
18031 Biscayne Blvd Apt 1104condos221,565$235,000
2780 NE 183rd St Apt 2012condos221,058$205,000
230 174th St Apt 1916condos221,276$389,000

10-year hold projection

IRR-2.8%
Equity multiple0.54x
Total return (10yr)$6,866
YearProperty valueNOICash flowLoan balanceEquity
1$452,170$7,485-$21,068$347,392$104,778
2$465,735$7,807-$20,782$343,323$122,412
3$479,707$8,142-$20,486$338,974$140,733
4$494,098$8,489-$20,177$334,327$159,772
5$508,921$8,849-$19,857$329,360$179,561
6$524,189$9,222-$19,524$324,052$200,136
7$539,915$9,610-$19,178$318,380$221,534
8$556,112$10,011-$18,819$312,319$243,793
9$572,795$10,428-$18,446$305,841$266,954
10$589,979$10,860-$18,059$298,918$291,061
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.
All figures are estimates for evaluation purposes only, not investment, tax, legal, or insurance advice. Property tax is estimated from a real matched tax bill or millage rate when available, a placeholder % of price otherwise; insurance is scaled by flood and wind risk where those are known and a flat percentage otherwise — never a real quote. Verify all of them, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow’s ZIP index, not appraisals.