18683 Collins Ave 1504, Sunny Isles Beach, FL 33160 — MLS photo

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18683 Collins Ave 1504, Sunny Isles Beach, FL 33160

Active · Condominium

$615,000

18683 Collins Ave 1504, Sunny Isles Beach, FL 33160

Beds
1
Baths
1
Living area
688 sq ft
$ / sq ft
$894/sq ft
Year built
2005
Lot size
—
HOA fee
$1,246 Monthly
Annual tax
$6,687

About this property

Breathtaking 1/1, fully furnished and showcasing stunning ocean views. Enjoy world-class amenities including an on-site restaurant and bar, oceanfront pool, state-of-the-art fitness center, sauna, and valet parking. The property also features a professionally managed hotel program, making it an exceptional turnkey investment opportunity. Don’t miss out on this rare offering.

Property location

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18683 Collins Ave 1504, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
688 sq ft
Flooring
Ceramic Tile
Appliances
Trash Compactor
Cooling
Electric
Heating
Electric
Interior features
Bedroom On Main Level, Elevator, First Floor Entry, Bar
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
2005
Stories
26
Architectural style
High Rise
Construction
Block
Exterior features
Balcony
Pool
Association, Heated
Waterfront
Bayfront
View
Bay

Parking

Garage spaces
0
Covered spaces
0
Parking features
Valet

HOA, Community & Financials

Association fee
$1,246 Monthly
Fee inclusions
Amenities
Amenities
Business Center, Elevators, Fitness Center, Pool, Spa Hot Tub
Security
Security Guard
Pets allowed
Conditional, Yes
Annual tax
$6,687
Subdivision
M RESORT RESIDENCES CONDO
County
Miami-Dade
Days on market
171
MLS listing ID
A11982537
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

-$2,440

Cap rate
0.9%
Net yield
0.9%
Cash-on-cash return
-17.0%
Gross yield
5.7%
Mortgage payment
$2,915/mo
Down payment
$153,750
Loan amount
$461,250
Annual NOI
$5,700

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