Sunny Isles Beach, FL 33160 — MLS photo

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Sunny Isles Beach, FL 33160

Active · Condominium

$575,000

Sunny Isles Beach, FL 33160

Beds
2
Baths
2
Living area
908 sq ft
$ / sq ft
$633/sq ft
Year built
2007
Lot size
—
HOA fee
$2,386
Annual tax
—

About this property

Positioned on the 18th floor of Sole on the Ocean, an oceanfront condo-hotel in Sunny Isles Beach, this residence offers open city views and is currently enrolled in the building's hotel rental program, giving owners a turnkey opportunity to generate income while maintaining full personal use flexibility, making it an ideal structure for investors and second-home buyers seeking a property that works for them. The building delivers a full suite of hotel-grade services, including concierge, valet, and direct beach access, complemented by an oceanfront pool, fitness center, spa, beach cabanas, the beachfront BALEENkitchen restaurant and bar, and a lobby boutique. Its oceanfront positioning places residents steps from the sand with Bal Harbour Shops and Aventura Mall just minutes away, and a thriving dining and retail corridor surrounding the building makes everyday convenience as effortless as the white-glove service. Whether as a primary residence, a second home, or an income-producing asset, this unit presents a compelling opportunity in one of South Florida's most active condo-hotel markets.

Property location

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Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
908 sq ft

Exterior & Structure

Property type
Condominium
Year built
2007

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,386
County
Miami-Dade
MLS listing ID
A11979188
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

-$3,463

Cap rate
-1.5%
Net yield
-1.5%
Cash-on-cash return
-25.8%
Gross yield
6.7%
Mortgage payment
$2,726/mo
Down payment
$143,750
Loan amount
$431,250
Annual NOI
-$8,849

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