19201 Collins Ave 933, Sunny Isles Beach, FL 33160 — MLS photo

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19201 Collins Ave 933, Sunny Isles Beach, FL 33160

Active · Condominium

$95,000

19201 Collins Ave 933, Sunny Isles Beach, FL 33160

Beds
0
Baths
1
Living area
360 sq ft
$ / sq ft
$264/sq ft
Year built
1966
Lot size
—
HOA fee
$1,273
Annual tax
—

About this property

High-floor studio with private balcony in oceanfront building – Sunny Isles Beach investment opportunity. High-floor studio with private balcony in a desirable oceanfront condo-hotel building. This fully furnished unit offers excellent flexibility for both personal use and investment. The building features direct beach access and resort-style amenities including swimming pool, fitness center, sauna, on-site restaurants, café, shops, laundry facilities, 24-hour security and valet parking. HOA includes electricity, water, cable and internet, making ownership simple and convenient. Short-term rentals are allowed, including daily and weekly rentals, offering strong income potential. Owners may participate in the hotel rental program or manage rentals independently for maximum flexibility. Located in the heart of Sunny Isles Beach just minutes from Aventura Mall, Gulfstream Park, fine dining, shopping and entertainment. Great opportunity for investors or vacation buyers seeking a turnkey property in one of South Florida’s most desirable beach destinations.

Property location

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19201 Collins Ave 933, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
360 sq ft

Exterior & Structure

Property type
Condominium
Year built
1966

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,273
County
Miami-Dade
MLS listing ID
A11977628
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

-$1,156

Cap rate
-8.9%
Net yield
-8.9%
Cash-on-cash return
-52.1%
Gross yield
11.5%
Mortgage payment
$450/mo
Down payment
$23,750
Loan amount
$71,250
Annual NOI
-$8,464

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