400 Kings Point Dr 608, Sunny Isles Beach, FL 33160 — MLS photo

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400 Kings Point Dr 608, Sunny Isles Beach, FL 33160

Active · Condominium

$248,900

400 Kings Point Dr 608, Sunny Isles Beach, FL 33160

Beds
1
Baths
1
Living area
705 sq ft
$ / sq ft
$353/sq ft
Year built
1965
Lot size
—
HOA fee
$794
Annual tax
—

About this property

Beautiful Water view / Intracoastal View building is in a gate community with 24/7 Concierge, package room, pool, conference room, exercise room. 3 residents elevators + service elevator. Is walk distance to the beach, near restaurants at Bal Harbor Shops and plazas in the neighborhood. Apartment is 1BED 1BATH with spacious living-dinning room and two large closets. Kitchen with white cabinets and stainless steal appliances (storage) You can buy this apartment for live or for invest. It's current occupied by tenant, after purchase tenant have until 45 days for vacay unit. Showings are by appointment, preferible on weekends from 9:00am to noon. HOA $794

Property location

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400 Kings Point Dr 608, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
705 sq ft

Exterior & Structure

Property type
Condominium
Year built
1965

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$794
County
Miami-Dade
MLS listing ID
A12006859
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

-$755

Cap rate
2.0%
Net yield
2.0%
Cash-on-cash return
-13.0%
Gross yield
9.4%
Mortgage payment
$1,180/mo
Down payment
$62,225
Loan amount
$186,675
Annual NOI
$5,093

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