16400 Collins Ave 744, Sunny Isles Beach, FL 33160 — MLS photo

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16400 Collins Ave 744, Sunny Isles Beach, FL 33160

Active · Condominium

$995,000

16400 Collins Ave 744, Sunny Isles Beach, FL 33160

Beds
2
Baths
2
Living area
1,760 sq ft
$ / sq ft
$565/sq ft
Year built
1995
Lot size
—
HOA fee
$1,076
Annual tax
—

About this property

Enjoy panoramic views from this 2BR, 2BA on the 7 floor of Oceania Island, Tower IV. Extra large wrap-around balcony overlooking the ocean, bay, and the Miami Beach skyline with South East exposure. Updated kitchen, floor-to-ceiling windows , full size washer & dryer, & new A/C unit. Indulge in the private beach club, 2 restaurants, state of the art gym, exercise classes & personal training . Beach amenities include lounge chairs, umbrellas, and towel service. Unwind at the bar or take advantage of the complete spa services, salon, massage, & facials. Resort Living at its best!

Property location

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16400 Collins Ave 744, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,760 sq ft

Exterior & Structure

Property type
Condominium
Year built
1995

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,076
County
Miami-Dade
MLS listing ID
A11965795
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

-$2,635

Cap rate
2.5%
Net yield
2.5%
Cash-on-cash return
-11.3%
Gross yield
7.1%
Mortgage payment
$4,717/mo
Down payment
$248,750
Loan amount
$746,250
Annual NOI
$24,981

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