16425 Collins Ave 311, Sunny Isles Beach, FL 33160 — MLS photo

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16425 Collins Ave 311, Sunny Isles Beach, FL 33160

Active · Condominium

$1,900,000

16425 Collins Ave 311, Sunny Isles Beach, FL 33160

Beds
3
Baths
3
Living area
2,020 sq ft
$ / sq ft
$941/sq ft
Year built
1990
Lot size
—
HOA fee
$1,450
Annual tax
—

About this property

Stunning Upgraded Ocean View Condo in this beautifully ocean view condo in Sunny Isles! Featuring 3 Bedrooms + 1 Den, 2 Bathrooms and 1- 1/2 Bath. In-unit Washer and Dryer, Hurricane-approved sliding doors and windows, Expansive Balcony with breathtaking views and open concept Kitchen perfect for entertaining. Enjoy a range of amenities designed for modern living including GYM, SPA, Sauna, and fancy restaurant club. Don't miss this opportunity to own a slice of paradise!

Property location

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16425 Collins Ave 311, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
2,020 sq ft

Exterior & Structure

Property type
Condominium
Year built
1990

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,450
County
Miami-Dade
MLS listing ID
A11821749
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

-$6,599

Cap rate
1.5%
Net yield
1.5%
Cash-on-cash return
-14.9%
Gross yield
5.6%
Mortgage payment
$9,007/mo
Down payment
$475,000
Loan amount
$1,425,000
Annual NOI
$28,899

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