16400 Collins Ave 942, Sunny Isles Beach, FL 33160 — MLS photo

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16400 Collins Ave 942, Sunny Isles Beach, FL 33160

Active · Condominium

$785,000

16400 Collins Ave 942, Sunny Isles Beach, FL 33160

Beds
2
Baths
2
Living area
1,530 sq ft
$ / sq ft
$513/sq ft
Year built
1995
Lot size
—
HOA fee
$1,369
Annual tax
—

About this property

Oceanfront condo located on private island, just across from the beach in Sunny Isles Beach. 2 Bed/2 Bath plus den corner unit located on the 9th floor. Sliding glass doors surround the unit with views of the canal, tennis courts, and Sunny Isles Beach City. The amenities offer a private beach club and marina, tennis court, squash court, spa, gym overlooking the ocean. Oceanfront dining, beauty salon, spa, valet, and much more

Property location

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16400 Collins Ave 942, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,530 sq ft

Exterior & Structure

Property type
Condominium
Year built
1995

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,369
County
Miami-Dade
MLS listing ID
A11923745
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

-$2,369

Cap rate
2.1%
Net yield
2.1%
Cash-on-cash return
-12.9%
Gross yield
7.5%
Mortgage payment
$3,721/mo
Down payment
$196,250
Loan amount
$588,750
Annual NOI
$16,222

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