17315 Collins Ave 702, Sunny Isles Beach, FL 33160 — MLS photo

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17315 Collins Ave 702, Sunny Isles Beach, FL 33160

Active · Condominium

$897,000

17315 Collins Ave 702, Sunny Isles Beach, FL 33160

Beds
2
Baths
3
Living area
1,201 sq ft
$ / sq ft
$747/sq ft
Year built
2007
Lot size
—
HOA fee
$2,626
Annual tax
—

About this property

Spectacular oceanfront condo-hotel fully furnished in the exclusive SOLE building. The unit features a private foyer entry with two separate accesses. It can be rented as a full suite or divided. Use it as your vacation home or place it in the rental program for additional income. No landlord responsibilities, currently in the hotel program; the owner may use it up to 180 days per year. Perfectly located between Miami and FLL airports, offering top amenities: gym, spa, 24-hour valet, conference room, beach and pool service, friendly staff, room service, and access to the renowned Baleen Kitchen restaurant and bar. Walking distance to fine dining, Aventura Mall, Gulfstream Casino, and more.

Property location

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17315 Collins Ave 702, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,201 sq ft

Exterior & Structure

Property type
Condominium
Year built
2007

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,626
County
Miami-Dade
MLS listing ID
A12009768
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

-$4,656

Cap rate
-0.5%
Net yield
-0.5%
Cash-on-cash return
-22.2%
Gross yield
6.2%
Mortgage payment
$4,252/mo
Down payment
$224,250
Loan amount
$672,750
Annual NOI
-$4,841

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