19201 Collins Ave 717, Sunny Isles Beach, FL 33160 — MLS photo

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19201 Collins Ave 717, Sunny Isles Beach, FL 33160

Active · Condominium

$115,000

19201 Collins Ave 717, Sunny Isles Beach, FL 33160

Beds
0
Baths
1
Living area
360 sq ft
$ / sq ft
$319/sq ft
Year built
1966
Lot size
—
HOA fee
$1,635
Annual tax
—

About this property

Lovely studio with balcony on the beach. Side ocean view and city view, including Guitar Hotel. The building has all kinds of amenities (heated pool, gym, sauna, beach access, cafeterias and bar, security, shops, hair and nail salons, etc). Walking distance to the parks, supermarkets, and restaurants. The studio is renovated: Fresh painted, new floors have been laid. New furniture. Maintenance includes valet parking, water, AC, electricity, and cable TV. The studio may be rented on short and long time or to be included in a hotel program, ensuring a profitable investment.

Property location

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19201 Collins Ave 717, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
360 sq ft

Exterior & Structure

Property type
Condominium
Year built
1966

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,635
County
Miami-Dade
MLS listing ID
A11832790
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

-$1,595

Cap rate
-11.0%
Net yield
-11.0%
Cash-on-cash return
-59.4%
Gross yield
10.1%
Mortgage payment
$545/mo
Down payment
$28,750
Loan amount
$86,250
Annual NOI
-$12,594

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