18683 Collins Avenue 2303, Sunny Isles Beach, FL 33160 — MLS photo

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18683 Collins Avenue 2303, Sunny Isles Beach, FL 33160

Active · Condominium

$630,000

18683 Collins Avenue 2303, Sunny Isles Beach, FL 33160

Beds
1
Baths
1
Living area
688 sq ft
$ / sq ft
$916/sq ft
Year built
2005
Lot size
—
HOA fee
$1,298
Annual tax
—

About this property

Stunning Oceanfront Residence at Marenas Beach Resort. Beautiful 1-bedroom, 1-bathroom oceanfront unit located on a high floor. This bright and spacious residence features floor-to-ceiling windows that capture breathtaking views of the Atlantic Ocean and the city skyline. The unit is offered fully furnished and turnkey, making it ideal as a vacation home or income-producing property. The functional open layout connects the living and kitchen areas, creating a comfortable and inviting space filled with natural light. Currently operating as a successful short-term rental with excellent reviews, this property offers no rental restrictions, allowing owners to generate income year-round or enroll the unit in the resort's professionally managed hotel program.

Property location

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18683 Collins Avenue 2303, 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
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,298
County
Miami-Dade
MLS listing ID
B26000377
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

-$2,976

Cap rate
0.0%
Net yield
0.0%
Cash-on-cash return
-20.2%
Gross yield
5.7%
Mortgage payment
$2,987/mo
Down payment
$157,500
Loan amount
$472,500
Annual NOI
$131

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