16500 Collins Ave 2451, Sunny Isles Beach, FL 33160 — MLS photo

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16500 Collins Ave 2451, Sunny Isles Beach, FL 33160

Active · Condominium

$1,840,000

16500 Collins Ave 2451, Sunny Isles Beach, FL 33160

Beds
2
Baths
3
Living area
2,144 sq ft
$ / sq ft
$858/sq ft
Year built
2002
Lot size
—
HOA fee
$1,823
Annual tax
—

About this property

Fully remodeled, fully furnished 2 bed / 3 bath with 2,144 sq ft in Sunny Isles. Designed with no expense spared, turn-key. Wrap-around balcony only offered on top floors. NEW IMPACT PROOF WINDOWS (no ugly accordion shutters). Sophisticated open-concept layout w high-end finishes and stylish decor w floor-to-ceiling windows, unobstructed views of the ocean, open bay, & downtown Miami skyline. Gourmet kitchen, top-of-the-line appliances, custom cabinetry & countertops. Two spacious bedrooms designed and en-suite bath. Unit can be converted into a 3-bed layout to suit your needs. TWO ASSIGNED self-parking spaces. 5-star amenities w private beach club, tennis courts, state of the art gym, squash, spa, restaurant & more. Don’t miss the opportunity.

Property location

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16500 Collins Ave 2451, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
2,144 sq ft

Exterior & Structure

Property type
Condominium
Year built
2002

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,823
County
Miami-Dade
MLS listing ID
A12023592
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

-$6,505

Cap rate
1.4%
Net yield
1.4%
Cash-on-cash return
-15.2%
Gross yield
5.8%
Mortgage payment
$8,723/mo
Down payment
$460,000
Loan amount
$1,380,000
Annual NOI
$26,609

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