16699 Collins Ave 3710, Sunny Isles Beach, FL 33160 — MLS photo

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16699 Collins Ave 3710, Sunny Isles Beach, FL 33160

Active · Condominium

$862,500

16699 Collins Ave 3710, Sunny Isles Beach, FL 33160

Beds
1
Baths
2
Living area
1,000 sq ft
$ / sq ft
$863/sq ft
Year built
2006
Lot size
—
HOA fee
$912
Annual tax
—

About this property

Stunning high-floor 1-bedroom, 1.5-bathroom condo offering southern exposure and abundant natural sunlight throughout. The spacious kitchen is equipped with granite countertops and stainless steel appliances. The master bedroom features a walk-in closet, while the large bathroom boasts a relaxing soaking tub. Enjoy the convenience of a half-bathroom and a full-size washer/dryer in the unit. With 1,000 sq. ft. of interior space, this home also offers 2 private balconies to enjoy the views. Impact windows and doors provide added security. Located in the heart of Sunny Isles, next to a famous pier and just minutes away from a variety of restaurants, shops, and grocery stores. La Perla is a rental-friendly building, allowing owners to rent up to 12 times per year, making it a great investment!

Property location

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16699 Collins Ave 3710, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
1,000 sq ft

Exterior & Structure

Property type
Condominium
Year built
2006

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$912
County
Miami-Dade
MLS listing ID
A11765822
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

-$3,115

Cap rate
1.4%
Net yield
1.4%
Cash-on-cash return
-15.5%
Gross yield
5.8%
Mortgage payment
$4,089/mo
Down payment
$215,625
Loan amount
$646,875
Annual NOI
$11,688

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