Cays Realty
16001 Collins Ave 1002, Sunny Isles Beach, FL 33160 — MLS photo

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16001 Collins Ave 1002, Sunny Isles Beach, FL 33160

Active · Condominium

$1,750,000

16001 Collins Ave 1002, Sunny Isles Beach, FL 33160

Beds
3
Baths
4
Living area
1,979 sq ft
$ / sq ft
$884/sq ft
Year built
2008
Lot size
—
HOA fee
$2,455 Monthly
Annual tax
$18,240

About this property

Amazing 3 bedrooms and 3 baths. Ocean view unit at Trump Towers. Great family residence on the beach. Enter though your private foyer into the unit. Floor-to-ceiling glass doors offering endless views of the beach, intracoastal and city. Interior features include: European kitchen with quartz countertop, new white kitchen with high end brand. Appliances subzero fridge, built-in espresso coffee machine and marble floors. Full service amenities include: Restaurant for residents with room service, 24 hour concierge pool and bar attendees, health spa, clubroom, conference room, valet and much more. Near Bal Harbour and Aventura Mall. Minimum rent 3 months ( 4 times a year)

Property location

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16001 Collins Ave 1002, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
3
Bathrooms
4
Living area
1,979 sq ft
Flooring
Other
Appliances
Built In Oven, Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, Main Living Area Entry Level

Exterior & Structure

Property type
Condominium
Year built
2008
Stories
45
Architectural style
Other
Construction
Block
Exterior features
Other
Pool
Association, Heated
Waterfront
Ocean Front
View
Ocean

Parking

Garage spaces
0
Covered spaces
0
Parking features
Other

HOA, Community & Financials

Association fee
$2,455 Monthly
Fee inclusions
Association Management, Common Areas, Maintenance Grounds, Maintenance Structure, Parking, Pools, Security
Amenities
Business Center, Clubhouse, Community Kitchen, Fitness Center, Pool, Spa Hot Tub, Elevators
Security
Door Man
Pets allowed
Conditional, Yes
Annual tax
$18,240
Subdivision
TDR TOWER I CONDO
County
Miami-Dade
Days on market
81
MLS listing ID
A12016627
Listing status
Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$5,754

Cap rate
1.7%
Net yield
1.7%
Cash-on-cash return
-14.1%
Gross yield
5.7%
Mortgage payment
$8,296/mo
Down payment
$437,500
Loan amount
$1,312,500
Annual NOI
$30,500

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