16425 Collins Ave 1612, Sunny Isles Beach, FL 33160 — MLS photo

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16425 Collins Ave 1612, Sunny Isles Beach, FL 33160

Active · Condominium

$1,250,000

16425 Collins Ave 1612, Sunny Isles Beach, FL 33160

Beds
2
Baths
2
Living area
1,520 sq ft
$ / sq ft
$822/sq ft
Year built
1990
Lot size
—
HOA fee
$1,517
Annual tax
—

About this property

2 bedroom 2 baths plus Den oceanfront condo at the Oceania in Sunny Isles Beach. 2 Assigned parking garage for 2 cars. White marble interiors and ocean views from every room. Fully furnished and fully remodeled unit with a split floor plan and a second living space (DEN) with a pull out Murphy bed that can also be used as an office. This unit comes fully furnished ready for occupancy. Enjoy direct views to the beach, expansive balcony, and a first-class selection of amenities from a spa, salon, private beachfront restaurant, basketball court, racquetball court and beachside services. Cable/utilities are included. 2 parking spaces included.

Property location

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16425 Collins Ave 1612, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,520 sq ft

Exterior & Structure

Property type
Condominium
Year built
1990

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,517
County
Miami-Dade
MLS listing ID
A11999813
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

-$4,594

Cap rate
1.3%
Net yield
1.3%
Cash-on-cash return
-15.8%
Gross yield
5.9%
Mortgage payment
$5,926/mo
Down payment
$312,500
Loan amount
$937,500
Annual NOI
$15,975

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