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Waterfront · Condominium
$105,000$292 / sqft
19201 Collins Ave # 237, Sunny Isles Beach FL 33160
Listed
0
Bedrooms
1
Bathrooms
360 sqft
Interior
1966
Year built
$1,272 / mo
HOA
Condominium
Type
About this home
LOWEST-PRICED BALCONY UNIT WITHIN THE EXCLUSIVE 25% OF THE BUILDING APPROVED FOR BOTH RESIDENTIAL USE AND SHORT-TERM RENTALS. Enjoy it as your own residence, lease it long-term, or generate income through Airbnb with stays ranging from 1 to 180 days. Leases of 6–12 months include FREE PARKING and NO HOTEL TAXES. Fully furnished and featuring hurricane-impact sliding doors. The building has been fully renovated, and the HOA fee includes electricity, water, cable TV, and Wi-Fi. Resort-style amenities include a fitness center, pool, hot tub, restaurants, bar, valet parking, and security. Publix, banks, restaurants, cafés, and public transportation are just a short walk away. Manage the Airbnb rentals yourself or enroll the unit in the onsite hotel rental program. Video tour link available in Broker Remarks. ***AGENTS: SEE BROKER REMARKS***
Features
- First Floor Entry
- East Of Us1
- Open Balcony
- Other View
Leasing
- Minimum lease
- 1 day
- Leases permitted per year
- 365
- Daily Rentals Allowed
- Ok To Lease
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.
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 $2,000–$3,000.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.