19201 Collins Ave 1028, Sunny Isles Beach, FL 33160 — MLS photo

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19201 Collins Ave 1028, Sunny Isles Beach, FL 33160

Active · Condominium

$115,000

19201 Collins Ave 1028, Sunny Isles Beach, FL 33160

Beds
0
Baths
1
Living area
360 sq ft
$ / sq ft
$319/sq ft
Year built
1966
Lot size
—
HOA fee
$1,286 Monthly
Annual tax
$1,871

About this property

EXCELLENT INVESTMENT OPPORTUNITY! This property is one of the few residences in this building that allowed to be rented annually per Sunny Isles regulations. Only a few of units can be leased Annually, monthly, daily and Airbnb rentals. The unit comes with a valet parking space. It's an Oceanfront building that can walk directly to the beach, with amenities such as pool, restaurants, Laundry, boutiques. 24 hours security. Located very close to Aventura Mall and top local dining.

Property location

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19201 Collins Ave 1028, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
0
Bathrooms
1
Living area
360 sq ft
Flooring
Tile
Appliances
Electric Range, Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, Elevator

Exterior & Structure

Property type
Condominium
Year built
1966
Stories
11
Architectural style
High Rise
Construction
Block
Exterior features
Security High Impact Doors
Pool
Association
Waterfront
Ocean Access, Other
View
City, Ocean, Water

Parking

Garage spaces
1
Covered spaces
1
Parking features
Other, One Space

HOA, Community & Financials

Association fee
$1,286 Monthly
Fee inclusions
Amenities, Cable Tv, Hot Water, Insurance, Internet, Laundry, Parking, Sewer, Security, Trash, Water
Amenities
Clubhouse, Fitness Center, Laundry, Pool, Sauna, Elevators
Security
Elevator Secured, Fire Alarm
Pets allowed
Conditional, No
Annual tax
$1,871
Subdivision
THE AVENTURA BEACH CLUB C
County
Miami-Dade
Days on market
98
MLS listing ID
A12018880
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

-$1,219

Cap rate
-7.0%
Net yield
-7.0%
Cash-on-cash return
-45.4%
Gross yield
10.1%
Mortgage payment
$545/mo
Down payment
$28,750
Loan amount
$86,250
Annual NOI
-$8,092

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