19201 Collins Ave 1018, Sunny Isles Beach, FL 33160 — MLS photo

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19201 Collins Ave 1018, Sunny Isles Beach, FL 33160

Active · Condominium

$119,900

19201 Collins Ave 1018, Sunny Isles Beach, FL 33160

Beds
0
Baths
1
Living area
410 sq ft
$ / sq ft
$292/sq ft
Year built
1966
Lot size
—
HOA fee
$1,436
Annual tax
—

About this property

Great investment opportunity. Charming furnished beachfront studio located directly on the beach in Sunny Isles Beach, with Beach and city views and just steps from the ocean. This condo-hotel unit is part of the hotel rental program, is consistently rented, and offers excellent flexibility: ideal for Airbnb investment. Seller very motivated. The building has undergone a major renovation and is surrounded by multi-million-dollar properties. Maintenance fees include reserves, electricity, water, A/C, cable, and Wi-Fi, allowing for truly hassle-free ownership. Enjoy a vibrant location with restaurants, coffee shops, shopping, and a park just across the street. Special assessment of $362.20 ( negociable)

Property location

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19201 Collins Ave 1018, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
410 sq ft

Exterior & Structure

Property type
Condominium
Year built
1966

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,436
County
Miami-Dade
MLS listing ID
A11950059
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

-$1,333

Cap rate
-7.7%
Net yield
-7.7%
Cash-on-cash return
-47.6%
Gross yield
10.7%
Mortgage payment
$568/mo
Down payment
$29,975
Loan amount
$89,925
Annual NOI
-$9,176

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