16500 Collins Ave TS-3, Sunny Isles Beach, FL 33160 — MLS photo

Get More Info About This Property

16500 Collins Ave TS-3, Sunny Isles Beach, FL 33160

Active · Condominium

$2,300,000

16500 Collins Ave TS-3, Sunny Isles Beach, FL 33160

Beds
4
Baths
6
Living area
3,906 sq ft
$ / sq ft
$589/sq ft
Year built
2003
Lot size
—
HOA fee
$3,062
Annual tax
—

About this property

Welcome to Exclusive Sunny Isles Beach's Finest Towersuite Extraordinaire. Artisans & Craftsmen Have Completed A Work Of Art with Finest Finishes. Upgrades & Features Include 10 Ft Ceilings, All Marble Floors Throughout, Super Spacious 4 Bed + Den or 5th Bedroom + Family Room, Custom Lighting, Custom Doors, Custom Closets, Etch Glass, Archway's, Electric Window Treatments, Subzero, Wine Cellar, Largest Storage In The Building (on 2nd floor), and So Much More, 2 Large Terraces With The Most Panoramic Ocean, Bay & City Views. Enjoy the unsurpassed lifestyle of Oceania with tennis courts, clubhouse, beach service, best restaurants indoors and outdoors, spa, sauna, fully equipped gym with Zumba classes, happy hours, and 5 star luxury resort amenities . A boater's dream on private island with a marina and so much more.

Property location

Get Directions

16500 Collins Ave TS-3, Sunny Isles Beach, FL 33160

Loading property location…

Facts & features

Interior

Bedrooms
4
Bathrooms
6
Living area
3,906 sq ft

Exterior & Structure

Property type
Condominium
Year built
2003

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$3,062
County
Miami-Dade
MLS listing ID
A12024772
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

-$6,928

Cap rate
2.1%
Net yield
2.1%
Cash-on-cash return
-12.9%
Gross yield
7.0%
Mortgage payment
$10,903/mo
Down payment
$575,000
Loan amount
$1,725,000
Annual NOI
$47,701

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