16001 Collins Avenue 1901, Sunny Isles Beach, FL 33160 — MLS photo

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16001 Collins Avenue 1901, Sunny Isles Beach, FL 33160

Active · Condominium

$3,600,000

16001 Collins Avenue 1901, Sunny Isles Beach, FL 33160

Beds
3
Baths
4
Living area
2,768 sq ft
$ / sq ft
$1,301/sq ft
Year built
2008
Lot size
—
HOA fee
$3,351
Annual tax
—

About this property

The kitchen wall was taken down to maximize the breathtaking direct ocean views. This spacious 3,000 sqft split-floor plan offers an endless balcony, marble floors, and stylish chandeliers in all three master bedrooms. Features include a private elevator, upgraded kitchen, and walk-in closets in every bedroom. Large laundry room with a private trash chute. Building amenities include a heated lap pool, jacuzzi, gym, massage room, business center, and a restaurant on-site.

Property location

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16001 Collins Avenue 1901, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
3
Bathrooms
4
Living area
2,768 sq ft

Exterior & Structure

Property type
Condominium
Year built
2008

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$3,351
County
Miami-Dade
MLS listing ID
F10450963
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

-$14,823

Cap rate
0.7%
Net yield
0.7%
Cash-on-cash return
-17.6%
Gross yield
5.0%
Mortgage payment
$17,066/mo
Down payment
$900,000
Loan amount
$2,700,000
Annual NOI
$26,914

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