18683 Collins Ave 1404, Sunny Isles Beach, FL 33160 — MLS photo

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18683 Collins Ave 1404, Sunny Isles Beach, FL 33160

Active · Condominium

$625,000

18683 Collins Ave 1404, Sunny Isles Beach, FL 33160

Beds
1
Baths
1
Living area
688 sq ft
$ / sq ft
$908/sq ft
Year built
2005
Lot size
—
HOA fee
$1,245
Annual tax
—

About this property

Best-priced 1-bedroom at Marenas Resort. This oceanfront unit offers a bright and comfortable living space with an open layout connecting the living room and kitchen. The bedroom is filled with natural light and has a calm, relaxing feel. The bathroom features modern finishes. New modern tile flooring will be installed shortly, paid for by the seller. Residents enjoy private beach access, a resort-style pool, fitness center, sauna, and 24-hour security. Located in the heart of Sunny Isles Beach, you’re minutes from top shopping, dining, and entertainment, while still enjoying the privacy and tranquility of oceanfront living.

Property location

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18683 Collins Ave 1404, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
688 sq ft

Exterior & Structure

Property type
Condominium
Year built
2005

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,245
County
Miami-Dade
MLS listing ID
A11967668
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

-$2,901

Cap rate
0.1%
Net yield
0.1%
Cash-on-cash return
-19.9%
Gross yield
5.7%
Mortgage payment
$2,963/mo
Down payment
$156,250
Loan amount
$468,750
Annual NOI
$746

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