Cays Realty
16047 Collins Ave Cabana 5S, Sunny Isles Beach, FL 33160 — MLS photo

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16047 Collins Ave Cabana 5S, Sunny Isles Beach, FL 33160

Active · Condominium

$500,000

16047 Collins Ave Cabana 5S, Sunny Isles Beach, FL 33160

Beds
0
Baths
1
Living area
— sq ft
$ / sq ft
—
Year built
2007
Lot size
—
HOA fee
—
Annual tax
$0

About this property

Rare opportunity to acquire the exclusive right of use of Beach Cabana 5 at Turnberry Ocean Colony South Tower. Available exclusively to Turnberry Ocean Colony unit owners. No additional monthly maintenance fees. Enjoy your own private beachside retreat in one of Sunny Isles Beach’s premier oceanfront communities.

Property location

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16047 Collins Ave Cabana 5S, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
0
Bathrooms
1
Flooring
Marble
Appliances
Gas Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air, Other
Heating
Central
Interior features
Wet Bar, Bedroom On Main Level, Closet Cabinetry, First Floor Entry, Pantry, Shower Only, Walk In Closets, Bar
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
2007
Stories
36
Architectural style
Other
Construction
Block, Other
Exterior features
Security High Impact Doors, Patio
Waterfront
Ocean Access, Ocean Front
View
Ocean

Parking

Garage spaces
2
Covered spaces
2
Parking features
Valet

HOA, Community & Financials

Association fee
$0 Monthly
Fee inclusions
Amenities, Common Areas, Cable Tv, Hot Water, Internet, Security
Amenities
Billiard Room, Bike Storage, Business Center, Fitness Center, Playground, Storage, Elevators
Security
Closed Circuit Cameras, Complex Fenced, Door Man, Fire Alarm, Secured Garage Parking, Key Card Entry, Lobby Secured, Smoke Detectors
Pets allowed
Size Limit, Yes
Annual tax
$0
Subdivision
TURNBERRY OCEAN COLONY
County
Miami-Dade
Days on market
139
MLS listing ID
A12018694
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

-$187

Cap rate
5.2%
Net yield
5.2%
Cash-on-cash return
-1.6%
Gross yield
6.6%
Mortgage payment
$2,370/mo
Down payment
$125,000
Loan amount
$375,000
Annual NOI
$26,200

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