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Buildings/Sunny Isles Beach/PORTO BELLAGIO CONDO

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PORTO BELLAGIO CONDO

17145 N BAY RD, Sunny Isles Beach 33160

2003

Year Built

Units

For Sale

$507K

Avg Price

$518

Sale $/SF

For Rent

$2,800

Avg Rent

$2.89

Rent $/SF

+19.5%

YoY

For Sale

For Rent

Investor-Owned

82%

Avg HOA

$978/mo

Porto Bellagio is a 78-unit condominium located in Sunny Isles Beach, a premier oceanside community in North Miami Beach. Built in 2003, this premium-tier building offers residential units ranging from 1 to 3 bedrooms with floor plans between 673 and 1,353 square feet. The property combines beachfront living with convenient access to local dining and shopping amenities.

Building Details

Address

17145 N BAY RD, Sunny Isles Beach, 33160

Neighborhood

Sunny Isles Beach

Year Built

2003

Total Units

Avg Unit Sqft

998 SF

Tier

Premium

Avg $/SF

$517.73

Avg Rent

$2,800/mo

Rent $/SF

$2.89/SF

HOA Range

$615 – $1,235

Neighborhood Rank

Top 13%

Avg Unit Value

$370K

Total Sales (All-Time)

301

Amenities

PoolFitness CenterLobbyElevatorParkingSecurityConcierge

Investment Analysis

Yield Metrics

Rental Yield (annualized)6.5%

YoY Appreciation+19.5%

Total Yield19.6%

Liquidity & Demand

Closed Sales (120d)0

Investor-Owned82%

For Sale6

For Rent3

Sales & Listings

Active Listings

For Sale (6)

$330K

Unit 2619

1 bd1 ba673 sf

$490/SF44 DOM

$344K

Unit 2419

1 bd1 ba673 sf

$511/SF112 DOM

$349K

Unit 3402

1 bd1 ba673 sf

$519/SF174 DOM

$349K

Unit 4109

1 bd1 ba741 sf

$357K

Unit 2319

1 bd1 ba673 sf

$530/SF153 DOM

$390K

1 bd1 ba673 sf

For Rent (3)

$3K

Unit 4312

2 bd2 ba934 sf

$3K

2 bd1,116 sf

$3/SF77 DOM

$3K

Unit 4613

2 bd2 ba934 sf

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
Aug 7, 2024	$470K	$458.98	2/2	1,024
Aug 2, 2024	$470K	$458.98	2/2	1,024
Jun 24, 2024	$375K	$524.48	1/1	715
Apr 18, 2024	$500K	$488.28	2/2	1,024
Mar 28, 2024	$318K

Units & Ownership

Total Units

Avg Sqft

998 SF

Avg Assessed

$334K

Owner-Occupied

18%

Tax & Ownership

Investor-Owned

82%

Owner-Occupied

18%

Avg Assessed Value

$334K

Avg Taxable Value

$324K

Effective Year Built

2003

Zoning

4000

Unit Mix

1 BR19

Avg 690 SF

2 BR41

Avg 1,011 SF

3 BR18

Avg 1,294 SF

Unit Directory

Showing 10 of 78 units

Unit	Beds	Baths	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
4101	1	1	715	$243K	—	$254K	$355	Feb 2005
4102	1	1	673	$247K	—	$142K	$211	Aug 2010
4103	1	1	673	$262K	✓	$340K	$505	May 2022
4104	3	2	1,264	$411K	—	$305K	$241	Mar 2012
4105	3	2	1,264	$411K	—	$370K	$293	Jun 2015
4106	2	2	1,116	$347K	—	$291K	$261	Oct 2013
4107	3	2	1,353	$207K	✓	$180K	$133	May 2010
4108	2	2	1,024	$331K	—	$318K	$311	Jun 2015
4109	1	1	741	$275K	—	$365K	$493	Aug 2022
4110	2	2	1,024	$254K	✓	$250K	$244	Oct 2012

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PORTO BELLAGIO CONDO

Building Details

Investment Analysis

Yield Metrics

Liquidity & Demand

Market Data

Sales & Listings

Units & Ownership

Photos

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