Cays Realty
16699 COLLINS AVE 3601, Sunny Isles Beach, FL 33160 — MLS photo

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16699 COLLINS AVE 3601, Sunny Isles Beach, FL 33160

Active · Condominium

$1,100,000

16699 COLLINS AVE 3601, Sunny Isles Beach, FL 33160

Beds
2
Baths
3
Living area
1,623 sq ft
$ / sq ft
$678/sq ft
Year built
2006
Lot size
—
HOA fee
$3,242 Monthly
Annual tax
$13,178

About this property

MOTIVATED SELLER! Lowest price for 01 line. Oceanfront 2 Bed + Den/2.5 Bath with assigned parking space– Prime Investment Opportunity! Beautifully furnished and equipped, this unit is ready for move-in or short-term rentals (building allows STRs). Enjoy resort-style amenities, including a swimming pool, fitness center, kids’ playroom, hot tub, billiards, media room, concierge, and valet. Located in Sunny Isles Beach Florida. restaurants and shops, close to Aventura Mall, Gulfstream Park, and casinos. Zoned for top-rated Norman S. Edelcup K-8 School. Don’t miss this incredible opportunity!

Property location

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16699 COLLINS AVE 3601, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,623 sq ft
Flooring
Other
Appliances
Dishwasher, Disposal, Trash Compactor
Cooling
Central Air, Electric
Heating
Central
Interior features
Bathtub, First Floor Entry, Living Dining Room, Other
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
2006
Stories
42
Architectural style
High Rise
Construction
Brick, Block
Exterior features
None
Waterfront
Bayfront, Ocean Access, Ocean Front
View
Ocean, Water

Parking

Garage spaces
2
Covered spaces
4
Parking features
Attached Carport, Attached, Covered, Garage, Guest, Other, Garage Door Opener

HOA, Community & Financials

Association fee
$3,242 Monthly
Fee inclusions
Amenities, Common Areas, Cable Tv, Electricity, Hvac, Hot Water, Internet, Maintenance Grounds, Sewer, Security, Trash, Water
Amenities
Playground, Elevators
Security
Door Man, Elevator Secured, Key Card Entry
Pets allowed
No
Annual tax
$13,178
Subdivision
LA PERLA CONDO
County
Miami-Dade
Days on market
523
MLS listing ID
A11804573
Listing status
Active

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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

-$4,845

Cap rate
0.4%
Net yield
0.4%
Cash-on-cash return
-18.9%
Gross yield
6.5%
Mortgage payment
$5,215/mo
Down payment
$275,000
Loan amount
$825,000
Annual NOI
$4,435

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