19201 Collins Ave 637, Sunny Isles Beach, FL 33160 — MLS photo

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19201 Collins Ave 637, Sunny Isles Beach, FL 33160

Active · HotelMotel

$100,000

19201 Collins Ave 637, Sunny Isles Beach, FL 33160

Beds
0
Baths
1
Living area
360 sq ft
$ / sq ft
$278/sq ft
Year built
1966
Lot size
—
HOA fee
$1,436 Monthly
Annual tax
$1,275

About this property

Great investment. It is in hotel rental program. Seller motivated. The unit is always rented and if purchased the new owner may live in the unit year round. Owner motivated. THE BUILDING IS LOCATED ON THE BEACH, JUST WALK TO THE OCEAN. There are great restaurants and shopping nearby. The building has gone under a great renovation among the multi-million dollar buildings. DRASTIC REDUCTION IN PRICE Seller very motivated. There is a special assessment per month 362.20 until 10/31/2034. Owner needs to sell fast, all offers will be reviewed.

Property location

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19201 Collins Ave 637, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
360 sq ft
Flooring
Ceramic Tile
Cooling
Electric
Heating
None
Interior features
Bedroom On Main Level, Elevator
Furnished
Furnished

Exterior & Structure

Property type
HotelMotel
Year built
1966
Stories
11
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony
Waterfront
Ocean Front
View
Bay

Parking

Garage spaces
1
Covered spaces
1
Parking features
One Space

HOA, Community & Financials

Association fee
$1,436 Monthly
Amenities
Elevators
Security
Door Man
Pets allowed
Size Limit, Yes
Annual tax
$1,275
Subdivision
THE AVENTURA BEACH CLUB C
County
Miami-Dade
Days on market
1150
MLS listing ID
A11442305
Listing status
Active

Investment intelligence

Yield & ROI calculator

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

Estimated monthly cash flow

-$1,286

Cap rate
-9.7%
Net yield
-9.7%
Cash-on-cash return
-55.1%
Gross yield
11.1%
Mortgage payment
$474/mo
Down payment
$25,000
Loan amount
$75,000
Annual NOI
-$9,739

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