19370 Collins Ave 621, Sunny Isles Beach, FL 33160 — MLS photo

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19370 Collins Ave 621, Sunny Isles Beach, FL 33160

Active · Condominium

$425,000

19370 Collins Ave 621, Sunny Isles Beach, FL 33160

Beds
1
Baths
2
Living area
1,005 sq ft
$ / sq ft
$423/sq ft
Year built
1972
Lot size
—
HOA fee
$1,127
Annual tax
—

About this property

Experience elevated coastal living and exceptional investment potential in this beautifully renovated and fully furnished 1 bedroom plus DEN, 1.5 bath residence in the heart of Sunny Isles Beach. Perfectly positioned just steps from the Atlantic Ocean, this spacious condominium offers the ultimate combination of luxury, flexibility, and income producing opportunity with no rental restrictions, ideal for Airbnb, VRBO, Booking.com, seasonal rentals, or immediate long term leasing. Designed with a bright open concept layout, the residence features Porcelain flooring throughout, quartz countertops, stainless steel appliances, custom cabinetry, impact windows and doors, overlooking Heritage Park, skyline and partial ocean views. The oversized primary suite includes generous walk in closets, while the versatile DEN can easily serve as a guest room, office, or additional sleeping area. Offered fully furnished with stylish, modern décor, this turnkey residence is ready for immediate occupancy or rental income from day one. Ocean Reserve offers resort style amenities including 24/7 security, valet parking, heated pool, fitness center, tennis courts, café and a mini market. Located minutes from Aventura Mall, Bal Harbour Shops, fine dining, parks, and much more. An exceptional opportunity for end users and investors alike in one of South Florida’s most sought after beachside communities.

Property location

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19370 Collins Ave 621, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
1,005 sq ft

Exterior & Structure

Property type
Condominium
Year built
1972

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,127
County
Miami-Dade
MLS listing ID
A12017173
Listing status
Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,382

Cap rate
1.8%
Net yield
1.8%
Cash-on-cash return
-13.9%
Gross yield
8.4%
Mortgage payment
$2,015/mo
Down payment
$106,250
Loan amount
$318,750
Annual NOI
$7,588

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