16047 Collins Ave 1202, Sunny Isles Beach, FL 33160 — MLS photo

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16047 Collins Ave 1202, Sunny Isles Beach, FL 33160

Active · Condominium

$2,490,000

16047 Collins Ave 1202, Sunny Isles Beach, FL 33160

Beds
2
Baths
3
Living area
2,245 sq ft
$ / sq ft
$1,109/sq ft
Year built
2007
Lot size
—
HOA fee
$2,933
Annual tax
—

About this property

Luxury oceanfront residence with private elevator and unobstructed Oceanview and oversized terrace. Lots of space and natural light. One of the most luxury complexes on the beach with full time luxury amenities and club with the restaurant. Designed for those who seeks sophisticated comfort and luxury lifestyle. Marble floors, gourmet kitchen with high end appliances, split bedroom plan with oversized master bathroom and huge laundry room. Elegant residents’ club with lounge and entertainment areas, restaurant, spa, fitness club, gated security, valet parking and many more. This is more than a home—it’s a lifestyle. Live on the beach, world-class dining, and vibrant entertainment, all while enjoying the privacy and exclusivity of a premier oceanfront address.

Property location

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16047 Collins Ave 1202, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
2,245 sq ft

Exterior & Structure

Property type
Condominium
Year built
2007

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,933
County
Miami-Dade
MLS listing ID
A11916240
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

-$10,332

Cap rate
0.7%
Net yield
0.7%
Cash-on-cash return
-17.8%
Gross yield
5.2%
Mortgage payment
$11,804/mo
Down payment
$622,500
Loan amount
$1,867,500
Annual NOI
$17,665

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