19370 Collins Ave 626, Sunny Isles Beach, FL 33160 — MLS photo

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19370 Collins Ave 626, Sunny Isles Beach, FL 33160

Active · Condominium

$599,990

19370 Collins Ave 626, Sunny Isles Beach, FL 33160

Beds
2
Baths
2
Living area
1,526 sq ft
$ / sq ft
$393/sq ft
Year built
1972
Lot size
—
HOA fee
$1,673
Annual tax
—

About this property

Best deal in the building! Welcome to this bright and spacious corner residence at Ocean Reserve, a desirable full service resort-style condominium located just 450 steps from the Atlantic Ocean in the heart of Sunny Isles Beach. This beautifully maintained 2-bedroom, 2-bath condo offers approximately 1,526 sq. ft. of living space with breathtaking views of both the Intracoastal Waterway and the Atlantic Ocean. New impact windows and balcony doors have already been installed as part of the 50-year recertification project, and the seller will pay the full assessment at closing. Short-term rentals are permitted, making this an exceptional opportunity for investors, second-home buyers, or full-time residents alike. The building is professionally managed by an on-site Airbnb property manager, offering true turnkey income-producing potential. Enjoy resort-style amenities including a heated swimming pool with cabanas and sun deck, tennis courts, fitness center, business center, BBQ and entertainment areas, valet service, assigned parking, 24/7 security, on-site café, mini-market, beauty salon, and laundry rooms on every floor. Maintenance includes A/C, cable, and high-speed internet. This unit is perfectly positioned between Miami and Fort Lauderdale Airports, and just minutes from Aventura Mall,, Bal Harbour Shops, parks and restaurants. Don't miss this rare opportunity to own a spacious water-view condo in one of Sunny Isles Beach’s most sought-after beachfront communities!

Property location

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19370 Collins Ave 626, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,526 sq ft

Exterior & Structure

Property type
Condominium
Year built
1972

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,673
County
Miami-Dade
MLS listing ID
A12016751
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

-$1,860

Cap rate
2.0%
Net yield
2.0%
Cash-on-cash return
-13.3%
Gross yield
8.8%
Mortgage payment
$2,844/mo
Down payment
$149,998
Loan amount
$449,993
Annual NOI
$11,812

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