400 Kings Point Dr 320, Sunny Isles Beach, FL 33160 — MLS photo

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400 Kings Point Dr 320, Sunny Isles Beach, FL 33160

Active · Condominium

$210,000

400 Kings Point Dr 320, Sunny Isles Beach, FL 33160

Beds
1
Baths
1
Living area
697 sq ft
$ / sq ft
$301/sq ft
Year built
1965
Lot size
—
HOA fee
$818
Annual tax
—

About this property

Beautifully, remodeled well kept 1 bed, 1 bath apartment in Coastal Towers, Sunny Isles Beach. This apartment features great intercostal views, granite countertops, new kitchen, new bathroom, new AV and water heater, a spacious layout, with plenty of cabinet space, tile flooring, and bathroom . Enjoy resort-style amenities: pool, renovated gym, beauty salon, convenience store, secured lobby, and marina with boat docks for rent. Steps from the beach, A+ schools, shopping, and dining. Assigned parking included. The best value in this location! INVESTORS WLCOME. ALL THE ASSESMENT PAID IN FULL BY SELLER. ALL IS BEEN RENOVATED.

Property location

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400 Kings Point Dr 320, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
697 sq ft

Exterior & Structure

Property type
Condominium
Year built
1965

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$818
County
Miami-Dade
MLS listing ID
A11638449
Listing status
Active

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

Estimated monthly cash flow

-$620

Cap rate
2.1%
Net yield
2.1%
Cash-on-cash return
-12.6%
Gross yield
10.5%
Mortgage payment
$996/mo
Down payment
$52,500
Loan amount
$157,500
Annual NOI
$4,510

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