19201 Collins Ave 237, Sunny Isles Beach, FL 33160 — MLS photo

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19201 Collins Ave 237, Sunny Isles Beach, FL 33160

Active · Condominium

$105,000

19201 Collins Ave 237, Sunny Isles Beach, FL 33160

Beds
0
Baths
1
Living area
360 sq ft
$ / sq ft
$292/sq ft
Year built
1966
Lot size
—
HOA fee
$1,272
Annual tax
—

About this property

LOWEST-PRICED BALCONY UNIT WITHIN THE EXCLUSIVE 25% OF THE BUILDING APPROVED FOR BOTH RESIDENTIAL USE AND SHORT-TERM RENTALS. Enjoy it as your own residence, lease it long-term, or generate income through Airbnb with stays ranging from 1 to 180 days. Leases of 6–12 months include FREE PARKING and NO HOTEL TAXES. Fully furnished and featuring hurricane-impact sliding doors. The building has been fully renovated, and the HOA fee includes electricity, water, cable TV, and Wi-Fi. Resort-style amenities include a fitness center, pool, hot tub, restaurants, bar, valet parking, and security. Publix, banks, restaurants, cafés, and public transportation are just a short walk away. Manage the Airbnb rentals yourself or enroll the unit in the onsite hotel rental program. Video tour link available in Broker Remarks. ***AGENTS: SEE BROKER REMARKS***

Property location

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19201 Collins Ave 237, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
360 sq ft

Exterior & Structure

Property type
Condominium
Year built
1966

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,272
County
Miami-Dade
MLS listing ID
A11676237
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

-$1,193

Cap rate
-7.9%
Net yield
-7.9%
Cash-on-cash return
-48.7%
Gross yield
10.7%
Mortgage payment
$498/mo
Down payment
$26,250
Loan amount
$78,750
Annual NOI
-$8,339

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