18501 Collins Avenue Cabana 27, Sunny Isles Beach, FL 33160 — MLS photo

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18501 Collins Avenue Cabana 27, Sunny Isles Beach, FL 33160

Active · Condominium

$850,000

18501 Collins Avenue Cabana 27, Sunny Isles Beach, FL 33160

Beds
0
Baths
1
Living area
230 sq ft
$ / sq ft
$3,696/sq ft
Year built
2020
Lot size
—
HOA fee
$809 Monthly
Annual tax
$0

About this property

Step into a secluded retreat by owning a cabana an extension of your residence. Whether you are looking for a quiet place to work or an intimate space to commune with nature. Own one of the few poolside level cabanas available for purchase by current Turnberry Ocean Club Residents ONLY. Breathtaking views of the ocean and infinity pool. Cabana features custom floors, a full bathroom & Kitchenette, with Duravit and Dornbracht fixes, and features and private terraces. Top level (2nd) includes a private jacuzzi. *Outside furniture: 2 chairs are included for the top terrace.*

Property location

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18501 Collins Avenue Cabana 27, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
230 sq ft
Flooring
Marble
Appliances
Refrigerator
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Second Floor Entry, Other, Shower Only
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
2020
Stories
2
Architectural style
High Rise
Construction
Block
Exterior features
Balcony, Patio
Waterfront
Ocean Front
View
Ocean, Pool

Parking

Garage spaces
0
Covered spaces
0
Parking features
None

HOA, Community & Financials

Association fee
$809 Monthly
Fee inclusions
Amenities
Amenities
Cabana, Spa Hot Tub
Security
Elevator Secured, Lobby Secured, Security Guard
Pets allowed
Conditional, Yes
Annual tax
$0
Subdivision
Turnberry Ocean Club
County
Miami-Dade
Days on market
477
MLS listing ID
A11799538
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

-$2,857

Cap rate
1.7%
Net yield
1.7%
Cash-on-cash return
-14.4%
Gross yield
3.9%
Mortgage payment
$4,029/mo
Down payment
$212,500
Loan amount
$637,500
Annual NOI
$14,064

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