16500 COLLINS AV 2055, Sunny Isles Beach, FL 33160 — MLS photo

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16500 COLLINS AV 2055, Sunny Isles Beach, FL 33160

Active · Condominium

$1,050,000

16500 COLLINS AV 2055, Sunny Isles Beach, FL 33160

Beds
2
Baths
2
Living area
1,566 sq ft
$ / sq ft
$670/sq ft
Year built
2002
Lot size
—
HOA fee
$1,179
Annual tax
—

About this property

Amazing unit with open balcony and magnificent panoramic views of the Marina , bay, ocean access canal, and more! Exclusive beach club with 5 star luxury amenities such as two restaurants, beach, towel, cabana and umbrella service, full service beauty salon on with massage therapists, spa, sauna, steam room, yoga classes, zumba, oceanfront gym with private flat screen TVs, spinning, basket ball, tennis and marinas. Unique and full service building with one of the longest beach frontage of SUNNY ISLES BEACH. Rented until May 31 2026 at $4800 per month.

Property location

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16500 COLLINS AV 2055, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,566 sq ft

Exterior & Structure

Property type
Condominium
Year built
2002

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,179
County
Miami-Dade
MLS listing ID
A11902665
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

-$3,296

Cap rate
1.9%
Net yield
1.9%
Cash-on-cash return
-13.5%
Gross yield
6.5%
Mortgage payment
$4,978/mo
Down payment
$262,500
Loan amount
$787,500
Annual NOI
$20,177

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