Interior
- Bedrooms
- 1
- Bathrooms
- 2
- Living area
- 1,005 sq ft
Active · Condominium
$384,000
19370 Collins Ave 407, Sunny Isles Beach, FL 33160
- Beds
- 1
- Baths
- 2
- Living area
- 1,005 sq ft
- $ / sq ft
- $382/sq ft
- Year built
- 1972
- Lot size
- —
- HOA fee
- $1,133
- Annual tax
- —
About this property
Prime investment opportunity at Ocean Reserve — one of the only short-term rental approved buildings in Sunny Isles Beach! This bright 1-bed/1.5-bath, 1,005 sq ft unit features serene Heritage Park views from your private balcony. Building allows short-term rentals with NO restrictions. Maintenance includes AC, high-speed internet & cable. Resort-style amenities: heated pool, tennis courts, fitness center, 24-hour security, valet, on-site café & mini-market. Steps from the beach, minutes from Aventura Mall. Turnkey — move in or generate income immediately. Proof of funds required. Seller firm on price.
Property location
Get Directions19370 Collins Ave 407, Sunny Isles Beach, FL 33160
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1972
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $1,133
- County
- Miami-Dade
- MLS listing ID
- A11892048
- 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
-$1,207
- Cap rate
- 1.9%
- Net yield
- 1.9%
- Cash-on-cash return
- -13.5%
- Gross yield
- 9.0%
- Mortgage payment
- $1,820/mo
- Down payment
- $96,000
- Loan amount
- $288,000
- Annual NOI
- $7,362
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.