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Active
ActiveWaterfront · Hotel/Motel
$98,000$272 / sqft
19201 Collins Ave # 329, Sunny Isles Beach FL 33160
Listed
0
Bedrooms
1
Bathrooms
360 sqft
Interior
1966
Year built
$1,314 / mo
HOA
Hotel/Motel
Type
About this home
Great Opportunity – Unit Free & Clear of Assessments! Fully furnished, turnkey 4th-floor unit with a partial ocean view, ready for personal use or immediate income. This unit is free and clear of any assessments and comes with no rental restrictions, allowing short-term rentals, Airbnb, or participation in the hotel program—your choice. Recent upgrades include new hurricane impact windows and sliding doors (2022), offering peace of mind and modern efficiency. The versatile layout maximizes comfort and functionality. All amenities and utilities are conveniently bundled into one payment, making ownership truly hassle-free. Everything is included in the sale, so you can start using or renting the unit right away. A dedicated parking space with complimentary 24/7 valet service is included. Unlike hotel-managed units, this property allows you to manage rentals independently for maximum flexibility and income potential. Motivated seller—don’t miss this excellent investment opportunity. No showings on Saturday or Sunday. 24 hour notice preferred.
Features
- Other
- Other View
Leasing
- Minimum lease
- 3 days
- Leases permitted per year
- 365
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
Approximate — shows the building, not the unit. Open in maps
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for studio rentals across Miami-Dade, from 200 active listings; the middle half ask $1,650–$2,784.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.