18683 COLLINS AV 1206, Sunny Isles Beach, FL 33160 — MLS photo

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18683 COLLINS AV 1206, Sunny Isles Beach, FL 33160

Active · Condominium

$620,000

18683 COLLINS AV 1206, Sunny Isles Beach, FL 33160

Beds
1
Baths
1
Living area
688 sq ft
$ / sq ft
$901/sq ft
Year built
2005
Lot size
—
HOA fee
$1,245
Annual tax
—

About this property

Stunning 12th-floor oceanfront residence at Marenas Beach Resort. This beautiful 1-bedroom, 1-bathroom unit offers breathtaking, Spectacular Views through impressive floor-to-ceiling windows that fill the space with natural light. This Unit features a bright and spacious open layout, seamlessly connecting the living room and kitchen to create a comfortable and inviting atmosphere. Fully furnished and turnkey, it is perfect as a luxury vacation getaway or an income-producing investment property. This unit benefits from no rental restrictions, allowing owners to generate income year-round or participate in the resort’s professionally managed hotel program for a truly effortless ownership experience.

Property location

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18683 COLLINS AV 1206, 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

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,245
County
Miami-Dade
MLS listing ID
A11982328
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

-$2,879

Cap rate
0.1%
Net yield
0.1%
Cash-on-cash return
-19.9%
Gross yield
5.7%
Mortgage payment
$2,939/mo
Down payment
$155,000
Loan amount
$465,000
Annual NOI
$724

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