17315 Collins Ave 2408, Sunny Isles Beach, FL 33160 — MLS photo

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17315 Collins Ave 2408, Sunny Isles Beach, FL 33160

Active · HotelMotel

$450,000

17315 Collins Ave 2408, Sunny Isles Beach, FL 33160

Beds
1
Baths
1
Living area
644 sq ft
$ / sq ft
$699/sq ft
Year built
2007
Lot size
—
HOA fee
$1,570
Annual tax
—

About this property

SPECTACULAR OCEAN FRONT RESORT, fully renovated and furnished 1 Bed / 1 Bath unit in the exclusive SOLE Miami, a Noble House Resort. Use as your getaway home or rent it under the rental program and get additional income. No landlord's responsibilities, currently in the Hotel program , owner can use it up to 120 days/year for family and friends. Centrally located in Sunny Isles Beach. Great amenities including fitness center and spa, 24 hrs valet parking, conference rooms, private beach resort, ocean front pool, room service, access to famous Baleen Kitchen Restaurant & Poolside Bar. Walking distance to great dining & shopping areas. Near South Beach, Aventura Mall, and more.

Property location

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17315 Collins Ave 2408, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
644 sq ft

Exterior & Structure

Property type
HotelMotel
Year built
2007

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,570
County
Miami-Dade
MLS listing ID
A11992657
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

-$2,521

Cap rate
-1.0%
Net yield
-1.0%
Cash-on-cash return
-24.0%
Gross yield
6.4%
Mortgage payment
$2,133/mo
Down payment
$112,500
Loan amount
$337,500
Annual NOI
-$4,652

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