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Waterfront · Condominium
$119,900$292 / sqft
19201 Collins Ave # 1119, Sunny Isles Beach FL 33160
Listed
0
Bedrooms
1
Bathrooms
410 sqft
Interior
1966
Year built
$1,073 / mo
HOA
Condominium
Type
About this home
Own your own slice of paradise in Sunny Isles Beach! This beautifully remodeled, fully furnished oceanfront studio at Marco Polo Beach Resort offers breathtaking direct ocean views and an exceptional opportunity for personal enjoyment or income-producing investment. The unit is currently generating rental income through the condo-hotel program, with the opportunity for future rental flexibility, including Airbnb or VRBO, subject to applicable rules and regulations. Enjoy resort-style amenities featuring 24-hour security, a fitness center, direct beach access with beach service, and parking. Ideally located near world-class dining, shopping, and Aventura Mall. The building has recently completed major renovations, adding to its appeal and long-term value. A special assessment of $362.20 per month is transferable to the new owner. Whether you are looking for a beachfront getaway or an investment property, this studio offers the best of South Florida living. See Broker Remarks for showing instructions.
Features
- Lobby
- First Floor Entry
- East Of Us1
- Other
- Ocean View
- Other View
- Skyline
Leasing
- Minimum lease
- 1 day
- Leases permitted per year
- 365
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.