18683 Collins Ave 1609, Sunny Isles Beach, FL 33160 — MLS photo

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18683 Collins Ave 1609, Sunny Isles Beach, FL 33160

Active · Condominium

$654,000

18683 Collins Ave 1609, Sunny Isles Beach, FL 33160

Beds
1
Baths
1
Living area
688 sq ft
$ / sq ft
$951/sq ft
Year built
2005
Lot size
—
HOA fee
$1,245
Annual tax
—

About this property

Great 1/1 unit in Marenas Condo Hotel. Fully furnished with washer and dryer inside the unit. Excellent Opportunity for any investor with daily , weekly and monthly rentals options. Amenities include beach and poolside service , spa , Jacuzzi , steam room , fitness center , concierge and 24 hr sec service .

Property location

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18683 Collins Ave 1609, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
688 sq ft

Exterior & Structure

Property type
Condominium
Year built
2005

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,245
County
Miami-Dade
MLS listing ID
A11874424
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

-$3,029

Cap rate
0.1%
Net yield
0.1%
Cash-on-cash return
-19.8%
Gross yield
5.6%
Mortgage payment
$3,100/mo
Down payment
$163,500
Loan amount
$490,500
Annual NOI
$856

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