17375 Collins Ave 702, Sunny Isles Beach, FL 33160 — MLS photo

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17375 Collins Ave 702, Sunny Isles Beach, FL 33160

Active · Condominium

$850,000

17375 Collins Ave 702, Sunny Isles Beach, FL 33160

Beds
2
Baths
2
Living area
1,430 sq ft
$ / sq ft
$594/sq ft
Year built
2000
Lot size
—
HOA fee
$7,828
Annual tax
—

About this property

GREAT OPPORTUNITY, DON'T MISS IT !!!! Desirable "LINE 02" with a breathtaking Ocean View, cataloged the perfect vacation home located on the prestigious neighborhood of Sunny Isles Beach. This 2/2 unit is fully furnished and equipped, Resort Style Amenities with direct beach access, indoor & outdoor restaurant, bar, pool & beach services, spa, salon, gym, business center, small convenience store, valet parking, just across of the street a Starbucks, close to recreational parks, grocery stores, restaurants, shopping, etc. This property is not enrolled in the hotel program, but yet owners and guests can enjoy full access to the building’s resort-style amenities, ideal for investors seeking cash flow.

Property location

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17375 Collins Ave 702, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,430 sq ft

Exterior & Structure

Property type
Condominium
Year built
2000

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$7,828
County
Miami-Dade
MLS listing ID
A11976548
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

-$9,278

Cap rate
-7.4%
Net yield
-7.4%
Cash-on-cash return
-46.8%
Gross yield
6.9%
Mortgage payment
$4,029/mo
Down payment
$212,500
Loan amount
$637,500
Annual NOI
-$62,986

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