Quadruplex

19370 Collins Avenue

19370 Collins Avenue, Sunny Isles Beach FL 33160 Get directions

$8,000,000

For Sale

13,785 SqFt

See estimated monthly cost

This listing is courtesy of Grand Real Estate Company. Eugene Noska

Overview

Just reduced $200,000!!!! Incredible opportunity to acquire a 12-unit income-producing portfolio in highly desirable Sunny Isles Beach, Florida (owner have more units if needed or split this portfolio(no single units for sale)). All units located within multifamily 420-unit building that permits short Term Rentals. Units are Fully furnished, equipped and licensed for AirBnB, VRBO, Booking with the City of Sunny Isles and Condominium Association.The sale includes all the furnishing, equipment, electronics, decorations, supplies - anything that makes daily rentals possible.Full-service building features all amenities: heated pool, tennis courts, gym, mini-market, hair salon, boxing studio , valet service and 24h concierge. Each unit has Each unit has full kitchen and assigned parking space. Laundry Facilities are on each floor in Building. Cable, internet, Air Conditioner, hot and cold water are included in maintenance fees.Seller has excellent reviews on Bookong, AirBnB and vrboMore particular information to qualified Buyers with executed NDAs.

Facts & features

Interior

Living area (sq ft)
13,785

Building & exterior

Year built
1972
Pool
Yes
  • Barbeque

HOA (homeowners association)

Association fee
$0 per year
  • Private Pool

Taxes

Annual tax
$61,921
Tax year
2022
Parcel number
31-22-02-048-3450

Listing

MLS number
F10426180
Property type
Quadruplex
Price per SqFt
$580
Subdivision
OCEAN RESERVE CONDO,OCEAN RESERVE
On market since
Feb 27, 2024
Days on market
919

Estimated monthly cost

$51,612 per month

Principal & interest (30 yr)
$40,452
Property tax
$5,160
Insurance (estimated)
$6,000

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

Location

See this area on the search map

Nearby schools

  • Norman S. Edelcup/Sunny Isles Beach K-8 Public · K-8 · 0.72 mi
  • Aventura City of Excellence School Charter · K-8 · 0.96 mi

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