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Condominium
$375,000$373 / sqft
19370 Collins Ave # 1406, Sunny Isles Beach FL 33160
Listed
1
Bedrooms
2
Bathrooms
1,005 sqft
Interior
1972
Year built
$1,127 / mo
HOA
Condominium
Type
About this home
Turnkey 1BD/1.5BA on the 14th floor of Ocean Reserve — one of the few Sunny Isles Beach buildings with no rental restrictions. Move-in ready with a full renovation, 1,105 sq ft of bright open living space, and stunning Intracoastal sunset views. Spacious layout rarely found at this price point. Florida’s investor-friendly environment and no state income tax make this an unbeatable opportunity. Use it as your personal vacation home and rent it out when you’re away — letting the property pay for itself. Resort-style amenities include pool, fitness center, tennis court, barbecue area, on-site café and mini market. World-famous Sunny Isles Beach just steps away. One parking included.
Features
- Lobby
- First Floor Entry
- Barbeque
- None
- Other
- Tennis Court(s)
- Canal
- Intracoastal View
- Water View
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 1-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,000–$3,800.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.