16485 Collins Ave 2035, Sunny Isles Beach, FL 33160 — MLS photo

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16485 Collins Ave 2035, Sunny Isles Beach, FL 33160

Active · Condominium

$1,099,000

16485 Collins Ave 2035, Sunny Isles Beach, FL 33160

Beds
2
Baths
2
Living area
1,460 sq ft
$ / sq ft
$753/sq ft
Year built
1991
Lot size
—
HOA fee
$1,323
Annual tax
—

About this property

Welcome to this stunning residence located directly on the beach at the Oceania III in Sunny Isles Beach. Enjoy ocean & city skyline views from the wraparound balcony & the floor to ceiling windows from every room of this split layout 2BR/2BA, which spans 1,460SF of living space. Enjoy the true resort lifestyle with Amenities such as a restaurant & beach cafe, beach service w/chairs, umbrellas & towels, pool & jacuzzi, sauna & steam rooms, gym, zumba, pilates & yoga classes, tennis & raquetball courts, conference/office room, Bbq area, party room, dog walking areas & a private marina. 24hr attended lobby & security w/ gatehouse, 1 parking space, plus valet & storage unit. Close walking proximity to all the shopping, dining, beaches & A-rated schools in the heart of Sunny Isles Beach.

Property location

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16485 Collins Ave 2035, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,460 sq ft

Exterior & Structure

Property type
Condominium
Year built
1991

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,323
County
Miami-Dade
MLS listing ID
A11752556
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

-$3,829

Cap rate
1.5%
Net yield
1.5%
Cash-on-cash return
-14.9%
Gross yield
6.2%
Mortgage payment
$5,210/mo
Down payment
$274,750
Loan amount
$824,250
Annual NOI
$16,570

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