17315 Collins Ave 1105, Sunny Isles Beach, FL 33160 — MLS photo

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17315 Collins Ave 1105, Sunny Isles Beach, FL 33160

Active · Condominium

$545,000

17315 Collins Ave 1105, Sunny Isles Beach, FL 33160

Beds
2
Baths
2
Living area
908 sq ft
$ / sq ft
$600/sq ft
Year built
2007
Lot size
—
HOA fee
$2,265 Monthly
Annual tax
$5,560

About this property

MAJOR PRICE REDUCTION! MOTIVATED SELLER! NOW IS THE PERFECT TIME TO OWN IN SUNNY ISLES! LOVELY 2 BED / 2 BATH AT SOLE ON THE OCEAN WITH GORGEOUS CITY, INTRACOSTAL AND OCEAN VIEWS. THE UNIT MAY BE SEPARATED IN TWO, SUITE UNIT AND GUESS UNIT. EACH UNIT CAN BE USED OR RENTED SEPARATELY. UNIT OFFERS MODERN KITCHEN & BATHS, BALCONY, VALET PARKING, RESORT AMENETIES SUCH AS BEACH, POOL, RESTAURANT/LOUNGE, SPA AND FITNESS CENTER. THIS FULLY FURNISHED UNIT HOTEL MAKING IT EASIER TO RENT IS CURRENTLY PART OF THE HOTEL PROGRAM THAT ALLOWS OWNER TO STAY UP TO 120 DAYS A YEAR AND MAKE EXTRA INCOME. ****AGENTS READ BROKER REMARKS****

Property location

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17315 Collins Ave 1105, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
908 sq ft
Flooring
Other
Appliances
Dryer, Dishwasher, Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level

Exterior & Structure

Property type
Condominium
Year built
2007
Stories
24
Construction
Block
Exterior features
Other
Pool
Association, Heated
Waterfront
Intracoastal Access, Ocean Access
View
Intercoastal, Ocean, Other

Parking

Garage spaces
1
Covered spaces
1
Parking features
One Space, Valet

HOA, Community & Financials

Association fee
$2,265 Monthly
Fee inclusions
Cable Tv, Internet, Pools, Security
Amenities
Other, Pool, Elevators
Security
Elevator Secured, Lobby Secured, Smoke Detectors
Pets allowed
Size Limit, Yes
Annual tax
$5,560
Subdivision
SOLE CONDO
County
Miami-Dade
Days on market
852
MLS listing ID
A11547504
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

-$2,810

Cap rate
-0.5%
Net yield
-0.5%
Cash-on-cash return
-22.1%
Gross yield
6.9%
Mortgage payment
$2,584/mo
Down payment
$136,250
Loan amount
$408,750
Annual NOI
-$2,719

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