16001 Collins Ave 1201, Sunny Isles Beach, FL 33160 — MLS photo

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16001 Collins Ave 1201, Sunny Isles Beach, FL 33160

Active · Condominium

$3,299,000

16001 Collins Ave 1201, Sunny Isles Beach, FL 33160

Beds
3
Baths
4
Living area
2,768 sq ft
$ / sq ft
$1,192/sq ft
Year built
2008
Lot size
—
HOA fee
$3,411 Monthly
Annual tax
$29,405

About this property

Experience elevated living in this 2,768 SF residence featuring unobstructed ocean views from every room. Recently transformed by a $400,000 remodel, the home boasts marble flooring, fully remodeled master bathroom, a chef's kitchen with Opus Stone counter tops and brand new Wolf appliances, and three en-suite bedrooms. Enjoy a private elevator, four parking spaces (2 titled + 2 valet), and elite amenities including a pool, spa, fitness center, and beach service. With 24-hour security and a new tennis center coming soon, this is the pinnacle of full-service beachfront luxury.

Property location

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16001 Collins Ave 1201, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
3
Bathrooms
4
Living area
2,768 sq ft
Flooring
Marble
Appliances
Built In Oven, Dryer, Dishwasher, Microwave, Washer
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, Closet Cabinetry, Dual Sinks, First Floor Entry, Separate Shower, Walk In Closets

Exterior & Structure

Property type
Condominium
Year built
2008
Stories
45
Architectural style
High Rise
Construction
Block
Exterior features
Balcony
Pool
Association
Waterfront
Ocean Front
View
Ocean, Water

Parking

Garage spaces
2
Covered spaces
2
Parking features
Assigned, Attached, Covered, Garage, Valet

HOA, Community & Financials

Association fee
$3,411 Monthly
Fee inclusions
Amenities
Amenities
Billiard Room, Clubhouse, Fitness Center, Pool
Security
Elevator Secured, Secured Garage Parking
Pets allowed
Conditional, Yes
Annual tax
$29,405
Subdivision
TDR TOWER I CONDO
County
Miami-Dade
Days on market
209
MLS listing ID
A11960209
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

-$10,775

Cap rate
1.8%
Net yield
1.8%
Cash-on-cash return
-14.0%
Gross yield
5.1%
Mortgage payment
$15,639/mo
Down payment
$824,750
Loan amount
$2,474,250
Annual NOI
$58,364

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