16001 Collins Ave 1705, Sunny Isles Beach, FL 33160 — MLS photo

Active · Condominium

$1,242,000

16001 Collins Ave 1705, Sunny Isles Beach, FL 33160

Beds: 2
Baths: 2
Living area: 1,435 sq ft
$ / sq ft: $866/sq ft
Year built: 2008
Lot size: —
HOA fee: $1,480 Monthly
Annual tax: $8,823

About this property

Oceanfront building, 2 bedrooms 2 bathrooms, furnished with large balcony. HOA fees, Building is $1,067.86/month and Master Assn is $731.62/month = $1,799.48/month. Property rented until August 2026.

Property location

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16001 Collins Ave 1705, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms: 2
Bathrooms: 2
Living area: 1,435 sq ft
Flooring: Marble
Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling: Electric
Heating: Electric
Interior features: Bidet, Bedroom On Main Level, Dual Sinks, Living Dining Room, Separate Shower, Walk In Closets, Bar

Exterior & Structure

Property type: Condominium
Year built: 2008
Stories: 43
Architectural style: High Rise
Construction: CBSConcrete Block Structure, Block
Exterior features: Balcony
Pool: Association
Waterfront: Intracoastal Access
View: Intercoastal

Parking

Garage spaces: 1
Covered spaces: 1
Parking features: Assigned, Attached, Covered, Garage, One Space

HOA, Community & Financials

Association fee: $1,480 Monthly
Fee inclusions: Amenities, Common Areas, Cable Tv, Internet, Maintenance Grounds, Sewer, Security, Trash, Water
Amenities: Beach Rights, Fitness Center, Playground, Pool, Sauna, Spa Hot Tub, Trash, Elevators
Security: Lobby Secured, Smoke Detectors
Pets allowed: Size Limit, Yes
Annual tax: $8,823
Subdivision: TDR TOWER I CONDO
County: Miami-Dade
Days on market: 1623
MLS listing ID: A11202617
Listing status: Active

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Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Down payment (%)

Interest rate (%)

Loan term (yrs)

Monthly rent ($)

Monthly HOA ($)

Property taxes ($/yr)

Home insurance ($/yr)

Vacancy (%)

Estimated monthly cash flow

-$3,428

Cap rate: 2.4%
Net yield: 2.4%
Cash-on-cash return: -11.8%
Gross yield: 5.8%
Mortgage payment: $5,888/mo
Down payment: $310,500
Loan amount: $931,500
Annual NOI: $29,512

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.