Interior
- Bathrooms
- 0
- Living area
- 1,998 sq ft
Active · Duplex
$2,800,000
18825 Atlantic Blvd, Sunny Isles Beach, FL 33160
- Beds
- —
- Baths
- 0
- Living area
- 1,998 sq ft
- $ / sq ft
- $1,401/sq ft
- Year built
- 1962
- Lot size
- —
- HOA fee
- —
- Annual tax
- —
About this property
Development opportunity. Rare corner lot duplex directly in front of the beach and is currently a successful Airbnb rental, bringing in steady income. Both spacious units have impact windows, and the property offers plenty of parking. Large rooftop balcony terrace. While planning your future project, you can continue earning rental income. Zoned for up to three townhomes up to 45 feet high. 9,680 sq.ft lot. Property next door is also for sale, creating the option to develop 5-6 townhomes. Sunny Isles Beach is known for its high-end real estate, and new townhomes are in short supply—making this a unique development opportunity.
Property location
Get Directions18825 Atlantic Blvd, Sunny Isles Beach, FL 33160
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Facts & features
Exterior & Structure
- Property type
- Duplex
- Year built
- 1962
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Miami-Dade
- MLS listing ID
- A11768877
- 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
-$9,174
- Cap rate
- 1.8%
- Net yield
- 1.8%
- Cash-on-cash return
- -14.0%
- Gross yield
- 4.8%
- Mortgage payment
- $13,273/mo
- Down payment
- $700,000
- Loan amount
- $2,100,000
- Annual NOI
- $49,197
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.