16500 Collins Avenue 2052, Sunny Isles Beach, FL 33160 — MLS photo

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16500 Collins Avenue 2052, Sunny Isles Beach, FL 33160

Active · Condominium

$1,200,000

16500 Collins Avenue 2052, Sunny Isles Beach, FL 33160

Beds
2
Baths
2
Living area
1,604 sq ft
$ / sq ft
$748/sq ft
Year built
2002
Lot size
—
HOA fee
$1,205 Monthly
Annual tax
$11,818

About this property

Experience luxury living at its finest in this stunning 20th-floor residence at Oceania V, located on a private island in the heart of Sunny Isles Beach. This fully furnished 2-bedroom, 2-bathroom condo with a den/office offers over 1,760 square feet of elegant living space, complemented by a spacious southeast-facing balcony that provides extraordinary ocean and Intracoastal views. Washer and dryer inside unit. Can be rented twice a year.

Property location

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16500 Collins Avenue 2052, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,604 sq ft
Flooring
Marble
Appliances
Dryer, Dishwasher, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Other

Exterior & Structure

Property type
Condominium
Year built
2002
Stories
30
Lot size
0 sq ft
Construction
Block
Exterior features
Balcony
Pool
Association, Community
Waterfront
Canal Front, Intersecting Canal
View
Bay, Canal, Intercoastal

Parking

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

HOA, Community & Financials

Association fee
$1,205 Monthly
Fee inclusions
Security, Trash, Water
Amenities
Boat Dock, Clubhouse, Fitness Center, Maintenance, Pool, Security
Security
Security Guard
Pets allowed
No
Annual tax
$11,818
Subdivision
OCEANIA V
County
Miami-Dade
Days on market
454
MLS listing ID
F10509760
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

-$3,010

Cap rate
2.7%
Net yield
2.7%
Cash-on-cash return
-10.8%
Gross yield
6.2%
Mortgage payment
$5,689/mo
Down payment
$300,000
Loan amount
$900,000
Annual NOI
$32,142

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