Cays Realty
16699 Collins Ave 2406, Sunny Isles Beach, FL 33160 — MLS photo

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16699 Collins Ave 2406, Sunny Isles Beach, FL 33160

Active · Condominium

$1,000,000

16699 Collins Ave 2406, Sunny Isles Beach, FL 33160

Beds
2
Baths
3
Living area
1,637 sq ft
$ / sq ft
$611/sq ft
Year built
2006
Lot size
—
HOA fee
$2,474 Monthly
Annual tax
$13,544

About this property

1637sqft/152m2 DIRECT BEACH ACCESS-FULLY FURNISHED & EQUIPPED W/BEAUTIFUL HIGH END FINISHES THROUGHOUT 2BD -2.5BATH DEN-FLOOR TO CEILING WINDOWS-3 BALCONIES-OCEAN VIEWS FROM EVERY ROOM. OPEN KITCHEN- ITALIAN CABINETRY - SS APPLIANCES-GRANITE COUNTER TOPS, MARBLE FLOORS-WASHER/DRYER. FULL SERVICE BLDG-VALET PRKG BEING SOLD TURNKEY WITHOUT PAINTING.LUXURY SHOPPING BAL HARBOR-AVENTURA. GREAT FOR INVESTORS OR SNOWBIRDS RENTAL $6000 -7000 MONTHLY DEPENDING ON SEASON. Current maintenance $2474

Property location

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16699 Collins Ave 2406, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,637 sq ft
Flooring
Marble
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air
Heating
Heat Strip
Interior features
Breakfast Bar, Bidet, Closet Cabinetry, Dual Sinks, Entrance Foyer, Garden Tub Roman Tub, Living Dining Room, Main Level Primary, Sitting Area In Primary, Split Bedrooms, Separate Shower, Walk In Closets
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
2006
Stories
43
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony
Pool
Association, Heated
Waterfront
Ocean Front
View
Ocean

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, Attached, Covered, Garage, One Space

HOA, Community & Financials

Association fee
$2,474 Monthly
Fee inclusions
Association Management, Amenities, Cable Tv, Internet, Maintenance Structure, Parking, Pools, Reserve Fund
Amenities
Clubhouse, Fitness Center, Pool, Elevators
Security
Door Man, Elevator Secured, Key Card Entry, Fire Sprinkler System, Smoke Detectors
Pets allowed
Conditional, Yes
Annual tax
$13,544
Subdivision
La Perla Condo
County
Miami-Dade
Days on market
564
MLS listing ID
A11778351
Listing status
Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$3,799

Cap rate
1.1%
Net yield
1.1%
Cash-on-cash return
-16.3%
Gross yield
6.8%
Mortgage payment
$4,741/mo
Down payment
$250,000
Loan amount
$750,000
Annual NOI
$11,296

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