19201 Collins Ave 425, Sunny Isles Beach, FL 33160 — MLS photo

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19201 Collins Ave 425, Sunny Isles Beach, FL 33160

Active · HotelMotel

$179,500

19201 Collins Ave 425, Sunny Isles Beach, FL 33160

Beds
0
Baths
1
Living area
360 sq ft
$ / sq ft
$499/sq ft
Year built
1966
Lot size
—
HOA fee
$1,273
Annual tax
—

About this property

Bright and beautiful oceanfront studio in Sunny Isles Beach! This fully furnished gem, located on the 4th floor, has been recently remodeled and features two queen-sized beds, an Italian-style kitchen, and laminate flooring throughout. Enjoy breathtaking views from your private balcony. This property boasts a lifestyle that perfectly blends relaxation with investment potential. It participates in a hotel program, allowing for personal use while still generating rental income. Close to the world-famous Aventura Mall and within walking distance to many shops and dining options. The maintenance fee includes electricity, water, internet, cable, valet parking, and more

Property location

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19201 Collins Ave 425, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
360 sq ft

Exterior & Structure

Property type
HotelMotel
Year built
1966

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,273
County
Miami-Dade
MLS listing ID
A12016056
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

-$1,485

Cap rate
-4.2%
Net yield
-4.2%
Cash-on-cash return
-35.5%
Gross yield
7.6%
Mortgage payment
$851/mo
Down payment
$44,875
Loan amount
$134,625
Annual NOI
-$7,610

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