18001 Collins Ave 511, Sunny Isles Beach, FL 33160 — MLS photo

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18001 Collins Ave 511, Sunny Isles Beach, FL 33160

Active · HotelMotel

$280,000

18001 Collins Ave 511, Sunny Isles Beach, FL 33160

Beds
0
Baths
1
Living area
664 sq ft
$ / sq ft
$422/sq ft
Year built
2003
Lot size
—
HOA fee
$2,484
Annual tax
—

About this property

Best price with direct ocean views!!! Great investment opportunity at Trump International Beach Resort. At 644 sqft, this Studio is completely furnished. Rent it out year-long or can save a few weeks for yourself and enjoy the incredible amenities the resort has to offer, such as a spa, beauty salon, 24-hour fitness center, four restaurants, two pools, multiple cabanas, two tennis courts, and so forth. Close Aventura Mall and Bal Harbor Shops. As well as many Marinas and Parks, it's a signature destination. This exclusive unit can be managed by the hotel program, or any company that you prefer to give in administration. They take care of retals, bookings, and maintenance.

Property location

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18001 Collins Ave 511, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
664 sq ft

Exterior & Structure

Property type
HotelMotel
Year built
2003

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,484
County
Miami-Dade
MLS listing ID
A12007637
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

-$2,650

Cap rate
-5.7%
Net yield
-5.7%
Cash-on-cash return
-40.6%
Gross yield
8.4%
Mortgage payment
$1,327/mo
Down payment
$70,000
Loan amount
$210,000
Annual NOI
-$15,866

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