18975 SE Collins Ave 3405, Sunny Isles Beach, FL 33160 — MLS photo

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18975 SE Collins Ave 3405, Sunny Isles Beach, FL 33160

Active · Condominium

$2,600,000

18975 SE Collins Ave 3405, Sunny Isles Beach, FL 33160

Beds
2
Baths
2
Living area
1,214 sq ft
$ / sq ft
$2,142/sq ft
Year built
2020
Lot size
—
HOA fee
$2,350
Annual tax
—

About this property

BRAND NEW Residences by Armani Casa This property offers Ocean and the Intracoastal views. Floor to ceiling glass with large porcelain floors. Modern kitchen and baths with European style cabinetry, stone counter tops with an island and top of the line appliances; Wolf ovens & Espresso maker, Subzero Refrigerator & Wine cooler. Large terraces with Summer kitchen. The only Armani building in the US, 35,000 Square Feet of exclusive amenities including: Restaurant, Oceanfront resort pool + bar, State-of-the-art fitness center & Spa, children’s play area and much more!

Property location

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18975 SE Collins Ave 3405, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,214 sq ft

Exterior & Structure

Property type
Condominium
Year built
2020

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,350
County
Miami-Dade
MLS listing ID
A11759449
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

-$11,907

Cap rate
0.2%
Net yield
0.2%
Cash-on-cash return
-19.6%
Gross yield
4.3%
Mortgage payment
$12,325/mo
Down payment
$650,000
Loan amount
$1,950,000
Annual NOI
$5,018

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