305-609-4190
19370 Collins Ave # 1122, Sunny Isles Beach FL 33160
Active Condominium Waterfront

19370 Collins Ave # 1122, Sunny Isles Beach FL 33160

Sunny Isles Beach, FL, 33160

$507,000

Est. $2,564/mo (20% down)

1
Beds
1.5
Baths
1,005
Sq Ft
1972
Year Built
—
Lot Sq Ft
1
Garage

Photo Gallery (15 photos)

About This Property

SPECTACULAR OCEAN & INTRACOASTAL VIEWS! EXCEPTIONAL INVESTMENT OPPORTUNITY IN SUNNY ISLES BEACH! Discover an outstanding investment opportunity at Ocean Reserve, one of Sunny Isles Beach's most desirable vacation-friendly condominium communities. This beautiful 1-bedroom, 1.5-bathroom residence features breathtaking panoramic views of the Ocean and Intracoastal Waterway, creating an exceptional coastal living experience. The spacious layout and convenient guest powder room provide additional comfort and privacy, making this residence ideal as a vacation retreat, second home, or income-producing investment. INVESTOR'S DREAM! Short-term vacation rentals, including Airbnb, are permitted subject to condominium regulations and applicable licensing requirements, offering excellent flexibility for investors seeking rental income potential while enjoying personal use of their property. Ocean Reserve features resort-style amenities, including a heated swimming pool, tennis courts, fitness center, BBQ area, on-site restaurant, convenience store, valet parking, and 24-hour security. Ideally located just steps from the pristine beaches of Sunny Isles Beach and minutes from Aventura Mall, Bal Harbour Shops, fine dining, shopping, and entertainment. OWN THE VIEWS. ENJOY THE LIFESTYLE. EXPLORE THE INVESTMENT POTENTIAL! An exceptional opportunity to own a piece of paradise in one of South Florida's most sought-after coastal destinations!

Property Details

MLS #

A12105339

Status

Active

Property Type

Residential

Sub Type

Condominium

Year Built

1972

Stories

17

Pool

No

Waterfront

Yes

Price / Sq Ft

$504

HOA Fee

$1,033/mo

Est. Insurance

$169/mo

Tax Year

2025

Tax Amount

$5,972

Garage

1 Car

Lot Size

—

MLS Area

Ocean Reserve Condo

Subdivision

OCEAN RESERVE CONDO

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Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$3,042
Est. Monthly Rent
-6.5%
Cap Rate
-32.6%
Cash-on-Cash
$-33,024
Net Operating Income

ROI Projections (4% Annual Appreciation)

-55%
5-Year ROI
Value: $616,843
-86%
10-Year ROI
Value: $750,484
-88%
15-Year ROI
Value: $913,078

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

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