16699 Collins Ave 4006, Sunny Isles Beach, FL 33160 — MLS photo

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16699 Collins Ave 4006, Sunny Isles Beach, FL 33160

Active · Condominium

$950,000

16699 Collins Ave 4006, Sunny Isles Beach, FL 33160

Beds
2
Baths
3
Living area
1,637 sq ft
$ / sq ft
$580/sq ft
Year built
2007
Lot size
—
HOA fee
$1,474 Monthly
Annual tax
$16,862

About this property

Gorgeous ocean views. This beach front condo is fully furnished and features 2 bedrooms and a den/office and 2.5 bathrooms. The master bedroom has a walk-in closet, bathtub and separate shower Unit has 2 balconies with direct ocean views. The building has a pool, hot tub, TV Room, pool table, sitting areas & more, direct beach access. It is the building located in the heart of Sunny Isles next to Fishing Pier. Walking distance to shopping, dining, entertainment, parks.Amazing opportunity to own a beachfront property at a price to sell! Please note that the unit does not have kitchen cabinets, which is why the seller has significantly reduced the price. This is a great opportunity to customize the kitchen to your own taste while purchasing at an exceptional value.

Property location

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16699 Collins Ave 4006, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,637 sq ft
Flooring
Carpet, Marble
Appliances
Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Trash Compactor
Cooling
Central Air
Heating
Central
Interior features
Built In Features, Breakfast Area, Dining Area, Separate Formal Dining Room, Eat In Kitchen, Kitchen Island, Living Dining Room, Other, Pantry

Exterior & Structure

Property type
Condominium
Year built
2007
Stories
44
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony
Waterfront
Ocean Access, Ocean Front
View
Ocean, Other

Parking

Garage spaces
1
Covered spaces
1
Parking features
One Space, Valet

HOA, Community & Financials

Association fee
$1,474 Monthly
Fee inclusions
Amenities, Common Areas, Cable Tv, Hot Water, Insurance, Parking, Pools, Sewer, Security, Trash, Water
Amenities
Cabana, Clubhouse, Fitness Center, Other, Playground, Elevators
Security
Complex Fenced, Door Man, Elevator Secured, Secured Garage Parking, Key Card Entry, Lobby Secured, Other, Security Guard, Smoke Detectors
Pets allowed
Size Limit, Yes
Annual tax
$16,862
Subdivision
LA PERLA CONDO
County
Miami-Dade
Days on market
191
MLS listing ID
A11995143
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

-$2,934

Cap rate
2.0%
Net yield
2.0%
Cash-on-cash return
-13.2%
Gross yield
7.0%
Mortgage payment
$4,503/mo
Down payment
$237,500
Loan amount
$712,500
Annual NOI
$18,837

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