16275 Collins Ave 904, Sunny Isles Beach, FL 33160 — MLS photo

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16275 Collins Ave 904, Sunny Isles Beach, FL 33160

Active · Condominium

$1,150,000

16275 Collins Ave 904, Sunny Isles Beach, FL 33160

Beds
2
Baths
3
Living area
1,342 sq ft
$ / sq ft
$857/sq ft
Year built
2007
Lot size
—
HOA fee
$1,984
Annual tax
—

About this property

Don't miss this fantastic opportunity to own a beautiful oceanfront condo in Sunny Isles Beach! This spacious 2-bedroom, 2.5-bath unit boasts a large wrap-around balcony offering breathtaking views of the ocean and Intracoastal waterway. The bright, open layout includes floor-to-ceiling windows and elegant marble floors throughout. As a resident of this full-service building, you’ll enjoy premium amenities such as beach services for your relaxation by the water. Stay active in the well-equipped gym, and benefit from 24-hour concierge and valet services. Conveniently located within walking distance of supermarkets, banks, restaurants, and more!

Property location

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16275 Collins Ave 904, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,342 sq ft

Exterior & Structure

Property type
Condominium
Year built
2007

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,984
County
Miami-Dade
MLS listing ID
A11975996
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

-$4,907

Cap rate
0.6%
Net yield
0.6%
Cash-on-cash return
-18.3%
Gross yield
5.8%
Mortgage payment
$5,452/mo
Down payment
$287,500
Loan amount
$862,500
Annual NOI
$6,534

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