16699 Collins Ave 3401, Sunny Isles Beach, FL 33160 — MLS photo

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16699 Collins Ave 3401, Sunny Isles Beach, FL 33160

Active · Condominium

$1,195,000

16699 Collins Ave 3401, Sunny Isles Beach, FL 33160

Beds
2
Baths
3
Living area
1,623 sq ft
$ / sq ft
$736/sq ft
Year built
2006
Lot size
—
HOA fee
$2,251
Annual tax
—

About this property

AIRBNB INVESTMENT OPPORTUNITY! Rarely available high floor '01' line with 180 degree unobstructed ocean views that stretch into the downtown Miami skyline. Extremely spacious layout with split bedrooms & 1623 sq/ft interior plus three private balconies. The master bedroom has amazing ocean views & features two walk in closets. The on-suite bathroom has dual sinks & a large soaking tub. Second bedroom can function as a second master bedroom. Den/3rd bedroom features a privacy door & half bathroom directly adjacent. Impact windows & doors throughout. Amazing location in Sunny Isles near many restaurants, shops, & grocery stores. La Perla is a rental friendly building. Rent 12 times a year - 7 day min - Currently renting short term & management company has 1200+ Airbnb reviews. Selling fully furnished and with future bookings in place. Tons of repeat guests! Easy to show

Property location

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16699 Collins Ave 3401, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,623 sq ft

Exterior & Structure

Property type
Condominium
Year built
2006

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,251
County
Miami-Dade
MLS listing ID
A11801649
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

-$4,918

Cap rate
0.8%
Net yield
0.8%
Cash-on-cash return
-17.6%
Gross yield
6.2%
Mortgage payment
$5,665/mo
Down payment
$298,750
Loan amount
$896,250
Annual NOI
$8,964

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