16699 Collins Ave 2404, Sunny Isles Beach, FL 33160 — MLS photo

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16699 Collins Ave 2404, Sunny Isles Beach, FL 33160

Active · Condominium

$1,079,000

16699 Collins Ave 2404, Sunny Isles Beach, FL 33160

Beds
2
Baths
3
Living area
1,715 sq ft
$ / sq ft
$629/sq ft
Year built
2006
Lot size
—
HOA fee
$2,517
Annual tax
—

About this property

* ATTENTION - VERY IMPORTANT INFORMATION: This unit includes 2 SELF PARKING SPACES and 1 VALET PARKING SPACE.* Beautiful oceanfront condo with 2 beds + Den, 2.5 baths. Residence located in the heart of Sunny Isles Beach, offering 1,715 sq. ft. of spacious living area. This bright and well-maintained home features marble floors with a functional split layout and three private terraces. La Perla offers resort-style amenities, including beach service, oceanfront pool, jacuzzi, kids’ room, game room, conference room, gym, 24-hour security, and an on-site pier restaurant with resident discounts. Walking distance to shops, supermarkets, restaurants, and more. Flexible rental policy 12 times per year.

Property location

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16699 Collins Ave 2404, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,715 sq ft

Exterior & Structure

Property type
Condominium
Year built
2006

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,517
County
Miami-Dade
MLS listing ID
A12003251
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

-$4,521

Cap rate
0.7%
Net yield
0.7%
Cash-on-cash return
-18.0%
Gross yield
6.7%
Mortgage payment
$5,115/mo
Down payment
$269,750
Loan amount
$809,250
Annual NOI
$7,125

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