17275 Collins Ave 801, Sunny Isles Beach, FL 33160 — MLS photo

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17275 Collins Ave 801, Sunny Isles Beach, FL 33160

Active · Condominium

$870,000

17275 Collins Ave 801, Sunny Isles Beach, FL 33160

Beds
2
Baths
2
Living area
1,490 sq ft
$ / sq ft
$584/sq ft
Year built
1995
Lot size
—
HOA fee
$1,400
Annual tax
—

About this property

BEST PRICED OPPORTUNITY TO LIVE ON THE OCEAN in Sunny Isles Beach. Larger 1,490sqft model, for less than $590/sqft. Updated 2/2 split floor unit with newer appliances, upgraded lighting & freshly painted. Large laundry room inside and tons of storage space, including 3 walk-in closets and linen closets. Boutique & quiet ocean front building, direct beach access. Pool, Gym with saunas, Jacuzzi by the beach. Beach Service included. 40 year Re-certification just COMPLETED and paid this year. TENANT OCCUPIED until May 2027.

Property location

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17275 Collins Ave 801, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,490 sq ft

Exterior & Structure

Property type
Condominium
Year built
1995

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,400
County
Miami-Dade
MLS listing ID
A11999322
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

-$2,842

Cap rate
1.8%
Net yield
1.8%
Cash-on-cash return
-14.0%
Gross yield
7.0%
Mortgage payment
$4,124/mo
Down payment
$217,500
Loan amount
$652,500
Annual NOI
$15,390

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