Cays Realty
17315 Collins Ave 1501, Sunny Isles Beach, FL 33160 — MLS photo

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17315 Collins Ave 1501, Sunny Isles Beach, FL 33160

Active · Condominium

$825,000

17315 Collins Ave 1501, Sunny Isles Beach, FL 33160

Beds
2
Baths
3
Living area
1,201 sq ft
$ / sq ft
$687/sq ft
Year built
2007
Lot size
—
HOA fee
$2,627 Monthly
Annual tax
$7,821

About this property

SPECTACULAR OCEAN FRONT, fully furnished Condo-Hotel unit in exclusive SOLE Building. Unit has a main entrance leading to a private foyer with two entrances. Maybe rented as one suite or separate. Use as your getaway home or rent it under the rental program and get additional income. Zero landlord's responsibilities, currently in the Hotel program , owner can use it up to 180 days/year. Centrally located between Miami and FLL airports. Great amenities including fitness center and spa, 24 hrs valet parking, conference room, beach/pool service, friendly & professional staff, room service, access to famous Baleen Kitchen Restaurant & Bar. Walking distance to great dining & shopping area. Near Sobe, Aventura Mall, Gulfstream Park & Casino, and more.

Property location

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17315 Collins Ave 1501, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,201 sq ft
Flooring
Ceramic Tile, Other
Appliances
Dishwasher, Electric Range, Ice Maker, Microwave, Other, Refrigerator, Washer
Cooling
Ceiling Fans
Heating
None
Interior features
Built In Features, Custom Mirrors, Other, Elevator

Exterior & Structure

Property type
Condominium
Year built
2007
Stories
24
Architectural style
High Rise
Construction
Block
Exterior features
Balcony, Storm Security Shutters
Pool
Association
Waterfront
Ocean Access, Ocean Front
View
Ocean

Parking

Garage spaces
1
Covered spaces
1
Parking features
Guest, Valet

HOA, Community & Financials

Association fee
$2,627 Monthly
Fee inclusions
Amenities
Amenities
Elevators, Fitness Center, Other, Pool
Security
Door Man, Elevator Secured, Secured Garage Parking, Lobby Secured, Other, Security Guard, Fire Sprinkler System
Pets allowed
Conditional, Yes
Annual tax
$7,821
Subdivision
SOLE CONDO
County
Miami-Dade
Days on market
182
MLS listing ID
A11991554
Listing status
Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$3,683

Cap rate
0.3%
Net yield
0.3%
Cash-on-cash return
-19.1%
Gross yield
6.4%
Mortgage payment
$3,911/mo
Down payment
$206,250
Loan amount
$618,750
Annual NOI
$2,735

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