18975 Collins Ave 302, Sunny Isles Beach, FL 33160 — MLS photo

Active · Condominium

$3,990,000

18975 Collins Ave 302, Sunny Isles Beach, FL 33160

Beds: 4
Baths: 5
Living area: 2,682 sq ft
$ / sq ft: $1,488/sq ft
Year built: 2020
Lot size: —
HOA fee: $5,257 Monthly
Annual tax: $51,143

About this property

The best deal in Armani Casa! Just reduced! Decorator’s ready, never lived in! Choose your own finishings!! 4 Bedroom + den, 5.5 bathrooms. Armani Casa offers the best of Sunny Isles with location, luxury and style. Great amenities, full service Spa, state of the art Gym, heated pool, jacuzzis, kids room, wine room, restaurant and much more. Easy to show, call listing agent today!

Property location

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18975 Collins Ave 302, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms: 4
Bathrooms: 5
Living area: 2,682 sq ft
Flooring: Concrete
Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
Cooling: Central Air, Electric
Heating: Central
Interior features: Bedroom On Main Level, Dual Sinks, Separate Shower

Exterior & Structure

Property type: Condominium
Year built: 2020
Stories: 56
Construction: Block
Exterior features: Balcony
Pool: Association
Waterfront: Ocean Access, Ocean Front
View: Ocean

Parking

Garage spaces: 2
Covered spaces: 2
Parking features: Valet

HOA, Community & Financials

Association fee: $5,257 Monthly
Fee inclusions: Amenities, Cable Tv, Internet
Amenities: Business Center, Community Kitchen, Fitness Center, Playground, Pool, Sauna, Spa Hot Tub
Security: Lobby Secured, Security Guard, Smoke Detectors
Pets allowed: Conditional, Yes
Annual tax: $51,143
Subdivision: 18975 COLLINS CONDO
County: Miami-Dade
Days on market: 236
MLS listing ID: A11940711
Listing status: Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

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Interest rate (%)

Loan term (yrs)

Monthly rent ($)

Monthly HOA ($)

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Estimated monthly cash flow

-$16,541

Cap rate: 0.7%
Net yield: 0.7%
Cash-on-cash return: -17.8%
Gross yield: 4.8%
Mortgage payment: $18,915/mo
Down payment: $997,500
Loan amount: $2,992,500
Annual NOI: $28,483

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