Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 778 sq ft
- Flooring
- Ceramic Tile
- Appliances
- Microwave, Refrigerator, Trash Compactor
- Cooling
- Central Air
- Heating
- Other
- Interior features
- Bedroom On Main Level, Other, Third Floor Entry, Tub Shower, Elevator
Active · Condominium
$325,000
201 178th Dr 308, Sunny Isles Beach, FL 33160
- Beds
- 1
- Baths
- 1
- Living area
- 778 sq ft
- $ / sq ft
- $418/sq ft
- Year built
- 1972
- Lot size
- —
- HOA fee
- $567 Monthly
- Annual tax
- $4,301
About this property
INVESTOR OPPORTUNITY IN LE CARTIER CONDO BUILDING. TENANT OCCUPIED.READY TO GENERATE INCOME IMMEDIATELY. LOCATED IN THE HEART OF AN UPSCALE SUNNY ISLES BEACH. TURN-KEY CONDO 1 BEDROOM 1 BATH WITH AN OPEN KITHEN, CABLE, INTERNET, PARKING, WATER ALL INCLUDED IN A LOW MAINTENANCE FEE. CAN BE RENTED RIGHT AWAY FROM DAY ONE!!! RENT WEEKLY, MONTHLY, OR YEARLY. 5-MINUTE WALKING TO THE BEACH. CLOSE TO THE BAL HARBOR SHOPS, AVENTURA MALL, GULF STREAM AND CASINO . CLOSE TO THE BEST SHOPS, RESTAURANTS, NIGHTLIFE, AND MUCH MORE. THIS OPPORTUNITY WILL NOT LAST LONG!!! IT CAN BE RENTED WEEKLY,MONTHLY, YEARLY, AS MANY TIMES MINIMUM 7 DAYS..RARE TO FIND A BUILDING THAT ALLOWS THESE TERMS.
Property location
Get Directions201 178th Dr 308, Sunny Isles Beach, FL 33160
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1972
- Stories
- 5
- Construction
- CBSConcrete Block Structure, Block
- Exterior features
- Other
- Waterfront
- Intracoastal Access
- View
- Intercoastal
Parking
- Garage spaces
- 1
- Covered spaces
- 1
- Parking features
- One Space
HOA, Community & Financials
- Association fee
- $567 Monthly
- Fee inclusions
- Amenities, Cable Tv, Internet, Parking, Water
- Amenities
- Other
- Security
- Key Card Entry, Phone Entry
- Pets allowed
- Dogs Ok, Yes
- Annual tax
- $4,301
- Subdivision
- LE CARTIER CONDO
- County
- Miami-Dade
- Days on market
- 253
- MLS listing ID
- A11955216
- Listing status
- Active
Virtual tour
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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
-$591
- Cap rate
- 3.5%
- Net yield
- 3.5%
- Cash-on-cash return
- -7.8%
- Gross yield
- 8.5%
- Mortgage payment
- $1,541/mo
- Down payment
- $81,250
- Loan amount
- $243,750
- Annual NOI
- $11,395
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.