The thesis

Why we bought this

Direct-ocean living in one of Sunny Isles'' most amenitized towers — bought with the numbers vetted first.

The asset

What you're buying

Address17375 Collins Ave #1201, Sunny Isles Beach, FL 33160
CitySunny Isles Beach
CountyMiami-Dade
Property typeOceanfront Condo
Year built2008
Gallery

Inside the property

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The numbers

The math behind the deal

Financing assumptions estimate
30% down7.25% rate25-yr amort
Full numbers

See the cap rate, rent roll, comps & exits

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All information is deemed reliable but not guaranteed and should be independently verified. Pro-forma figures marked "estimate" reflect the memo author's underwriting and are not appraisals. Cap rates and price-per-SF are calculated from the fields on this page and update as those fields do.