16699 Collins Ave 1806, Sunny Isles Beach, FL 33160 — MLS photo

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16699 Collins Ave 1806, Sunny Isles Beach, FL 33160

Active · Condominium

$1,100,000

16699 Collins Ave 1806, Sunny Isles Beach, FL 33160

Beds
2
Baths
3
Living area
1,637 sq ft
$ / sq ft
$672/sq ft
Year built
2006
Lot size
—
HOA fee
$1,015
Annual tax
—

About this property

Discover refined oceanfront living in this spacious 2-bedroom, 2-bath residence with a den/office in the sought-after La Perla. Featuring elegant marble floors throughout and a sleek kitchen with stainless steel appliances, this home offers both comfort and style. Walk-in closets provide generous storage, making it ideal for investors or as a vacation getaway. Currently tenant-occupied, it presents a strong income opportunity. Residents enjoy premium amenities including a shimmering pool, modern fitness center, cozy lounge, and a dedicated kids’ room. With stunning views, a peaceful atmosphere, and a vibrant coastal community, La Perla delivers an unmatched lifestyle in one of the most desirable beachfront locations.

Property location

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16699 Collins Ave 1806, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,637 sq ft

Exterior & Structure

Property type
Condominium
Year built
2006

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,015
County
Miami-Dade
MLS listing ID
A11886786
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

-$3,238

Cap rate
2.2%
Net yield
2.2%
Cash-on-cash return
-12.6%
Gross yield
6.5%
Mortgage payment
$5,215/mo
Down payment
$275,000
Loan amount
$825,000
Annual NOI
$23,718

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