17121 Collins Ave 1207, Sunny Isles Beach, FL 33160 — MLS photo

Active · Condominium

$1,870,000

17121 Collins Ave 1207, Sunny Isles Beach, FL 33160

Beds: 1
Baths: 2
Living area: 1,161 sq ft
$ / sq ft: $1,611/sq ft
Year built: 2009
Lot size: —
HOA fee: $1,397 Monthly
Annual tax: $12,000

About this property

STUNNING OCEAN VIEW AT JADE OCEAN CONDOMINIUM. THIS IS A 1 BEDROOM + DEN AND 2 FULL BATHROOMS,THE UNIT IS EQUIPPED WITH TOP OF THE LINE APPLIANCES AND ELEGANT DECORATION. THE AMENITIES INCLUDE: CONCIERGE, FRONT DESK, BEACH SERVICE, COMPLEMENTARY VALET ATTENDANCE FOR GUESTS, 24-HR SECURITY, 2 POOLS, FULL SPA, GYM, PRIVATE MOVIE THEATER, CHILDREN’S PLAYROOM, BUSINESS CENTER & PARTY ROOM. EASY SHOWINGS, PLEASE CALL FOR FURTHER INSTRUCTIONS.

Property location

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17121 Collins Ave 1207, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms: 1
Bathrooms: 2
Living area: 1,161 sq ft
Flooring: Ceramic Tile, Marble
Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Other, Refrigerator, Trash Compactor, Washer
Cooling: Central Air
Heating: Central
Interior features: Other, Walk In Closets

Exterior & Structure

Property type: Condominium
Year built: 2009
Stories: 50
Architectural style: High Rise
Construction: CBSConcrete Block Structure, Block
Exterior features: Balcony
Pool: Association
Waterfront: Ocean Front
View: Ocean

Parking

Garage spaces: 1
Covered spaces: 1
Parking features: Valet

HOA, Community & Financials

Association fee: $1,397 Monthly
Fee inclusions: Amenities
Amenities: Clubhouse, Elevators, Fitness Center, Pool, Spa Hot Tub
Security: Lobby Secured
Pets allowed: Conditional, Yes
Annual tax: $12,000
Subdivision: JADE OCEAN CONDO
County: Miami-Dade
Days on market: 137
MLS listing ID: A12026568
Listing status: Active

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Monthly HOA ($)

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Estimated monthly cash flow

-$5,844

Cap rate: 1.9%
Net yield: 1.9%
Cash-on-cash return: -13.4%
Gross yield: 4.6%
Mortgage payment: $8,865/mo
Down payment: $467,500
Loan amount: $1,402,500
Annual NOI: $36,252

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