251 174th St Apt 2310

Sunny Isles Beach, FL 33160 · condos · For Sale · 7 days on market
Asking price$150,000
0 beds 1 baths 595 sqft
View on Realtor.com →
Listed by Hunter Greer · Keller Williams Realty Services
Typecondos
Built1971
Price / sqft$252
Est. value (own analysis)$226,772
Rent estimate (own analysis)$2,200/mo
HOA$827/mo
Wind10/10Extreme$Heat10/10ExtremeFlood8/10severe$Air2/10MinorWildfire1/10Minimal
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Neighborhood

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Statusfor_sale
Listed date2026-08-27
Removed date
MLSBeachesMLS #B26068907
Coordinates25.93745, -80.12775
Address251 174th St Apt 2310
CitySunny Isles Beach
StateFL
Zip33160
Listing ID5502855109
Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33160)

Typical home value (ZHVI)$518,452
Typical rent (ZORI)$3,079/mo
Zillow Research's ZHVI (home value index) and ZORI (rent index) for this ZIP, as of 2026-07 — free published data, refreshed monthly, no RentCast quota spent. "Typical value/rent" is a smoothed index, not a literal median of active listings.

Underwriting (buy-and-hold, default assumptions)

Purchase price$150,000
Down payment (20.0%)$30,000
Loan amount$120,000
Closing costs (5.0%)$7,500
Total cash to close$37,500
Rent (comp-derived)$2,200$26,400
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$26,400
Vacancy rate (assumption) assumption8.0%

$26,400 × 8.0% = $2,112

Effective gross income$2,024$24,288
Property tax (placeholder 1.9% of price)$238$2,850
Insurance (est. scaled by flood & wind risk)$195$2,340
HOA dues$827$9,924
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$110$1,320
Total operating expenses$1,370$16,434
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$24,288
Total operating expenses derived$16,434

$24,288 − $16,434 = $7,854

Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

Monthly Principal & Interest

Standard amortization on the loan amount, at the effective rate and term

Loan amount derived$120,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$120,000 amortized at 6.7% over 30 years = $771/mo

CapEx reserve (5.0% of GSR)$110$1,320
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)$0$0
Cash flow

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived$7,854
Annual debt service derived$9,254
Annual CapEx reserve assumption$1,320
Annual PMI assumption$0

($7,854 − $9,254 − $1,320 − $0) ÷ 12 = -$227

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$7,854
Purchase price data$150,000

$7,854 ÷ $150,000 = 5.2%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$2,720
Total cash to close derived$37,500

-$2,720 ÷ $37,500 = -7.3%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$7,854
Annual debt service derived$9,254

$7,854 ÷ $9,254 = 0.85

Rent-to-price (1% rule)

Rent-to-Price (the "1% rule")

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$26,400
Purchase price data$150,000

($26,400 ÷ 12) ÷ $150,000 = 1.5%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$150,000
Gross scheduled rent (annual) comp$26,400

$150,000 ÷ $26,400 = 5.7

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$16,434
Effective gross income derived$24,288

$16,434 ÷ $24,288 = 67.7%

Break-even occupancy

Break-Even Occupancy

(Total OpEx + Annual Debt Service + Annual PMI) ÷ Gross Scheduled Rent

Total operating expenses derived$16,434
Annual debt service derived$9,254
Annual PMI assumption$0
Gross scheduled rent (annual) comp$26,400

($16,434 + $9,254 + $0) ÷ $26,400 = 97.3%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
apartment01516$2,1412024-06-14
apartment01539$2,5332025-06-03
apartment01555$2,5252026-07-10
condos01595$1,7002026-08-04
condos01420$1,8502026-05-10
condos01550$2,5002026-08-26
condos01595$1,7002026-06-25
condos01410$1,7452026-01-26
condos01420$2,1002026-08-21
condos01448$1,6002024-10-17
condos01410$1,8502026-06-17
condos01410$1,8502026-06-23
condos01448$1,7502026-04-22
condos01410$1,9992026-01-05
condos01410$2,2002026-05-13
condos01420$2,9502026-08-02
condos01430$2,6002025-08-13
condos01430$2,7002025-08-13
condos01430$2,8002025-08-09
condos01410$2,2002024-07-19
condos01410$2,3002024-06-13
apartment01586$2,241
apartment01516$2,266
apartment01567$2,361
apartment016752025-01-03
condos01410$2,4002026-08-29

2555 NE 179th St

North Miami Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage516
Listed2024-06-14
Days on market

Asking rent: $2,141

View on Zillow →

17071 W Dixie Hwy

North Miami Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage539
Listed2025-06-03
Days on market

Asking rent: $2,533

View on Zillow →

16375 Biscayne Blvd

Aventura, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage555
Listed2026-07-10
Days on market

Asking rent: $2,525

View on Zillow →

250 174th St Apt 510

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage595
Listed2026-08-04
Days on market

Asking rent: $1,700

View on Zillow →

19201 Collins Ave Unit 707

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage420
Listed2026-05-10
Days on market

Asking rent: $1,850

View on Zillow →

16711 Collins Ave Unit BC5

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage550
Listed2026-08-26
Days on market

Asking rent: $2,500

View on Zillow →

250 174th St Apt 810

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage595
Listed2026-06-25
Days on market

Asking rent: $1,700

View on Zillow →

19201 Collins Ave Unit 823

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage410
Listed2026-01-26
Days on market

Asking rent: $1,745

View on Zillow →

19201 Collins Ave Unit 945

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage420
Listed2026-08-21
Days on market

Asking rent: $2,100

View on Zillow →

400 Kings Point Dr Apt 1031

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage448
Listed2024-10-17
Days on market

Asking rent: $1,600

View on Zillow →

19201 Collins Ave Unit 622

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage410
Listed2026-06-17
Days on market

Asking rent: $1,850

View on Zillow →

19201 Collins Ave Unit 348

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage410
Listed2026-06-23
Days on market

Asking rent: $1,850

View on Zillow →

400 Kings Point Dr Apt 331

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage448
Listed2026-04-22
Days on market

Asking rent: $1,750

View on Zillow →

19201 Collins Ave Unit 323

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage410
Listed2026-01-05
Days on market

Asking rent: $1,999

View on Zillow →

19201 Collins Ave Unit 1122

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage410
Listed2026-05-13
Days on market

Asking rent: $2,200

View on Zillow →

19201 Collins Ave Unit 545

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage420
Listed2026-08-02
Days on market

Asking rent: $2,950

View on Zillow →

19201 Collins Ave Unit 636

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage430
Listed2025-08-13
Days on market

Asking rent: $2,600

View on Zillow →

19201 Collins Ave Unit 611

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage430
Listed2025-08-13
Days on market

Asking rent: $2,700

View on Zillow →

19201 Collins Ave Unit 610

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage430
Listed2025-08-09
Days on market

Asking rent: $2,800

View on Zillow →

19201 Collins Ave Unit 640

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage410
Listed2024-07-19
Days on market

Asking rent: $2,200

View on Zillow →

19201 Collins Ave Unit 318

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage410
Listed2024-06-13
Days on market

Asking rent: $2,300

View on Zillow →

2555 NE 179th St Apt 739

North Miami Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage586
Listed
Days on market

Asking rent: $2,241

View on Zillow →

2555 NE 179th St Ph 42

North Miami Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage516
Listed
Days on market

Asking rent: $2,266

View on Zillow →

2555 NE 179th St Ph 9

North Miami Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage567
Listed
Days on market

Asking rent: $2,361

View on Zillow →

2350 NE 173rd St

North Miami Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage675
Listed2025-01-03
Days on market

Asking rent: —

View on Zillow →

19201 Collins Ave Unit 748

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage410
Listed2026-08-29
Days on market

Asking rent: $2,400

View on Zillow →

Same ZIP & bedroom count. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.

AddressTypeBedsBathsLiving sqftSale priceSale date
6750864223condos01664$220,0002026-08-28
18001 Collins Ave Unit 1010condos01551$220,0002026-08-28
18001 Collins Ave Unit 1403condos01551$220,0002026-08-28
250 174th St Apt 1510condos01595$170,0002026-08-25
18001 Collins Ave Unit 2204condos01457$200,0002026-08-21
18001 Collins Ave Unit 2102condos01664$205,0002026-08-21
19201 Collins Ave Unit 1130condos01410$107,5002026-08-03
18001 Collins Ave Unit 2118condos01551$215,0002026-07-31
19201 Collins Ave Unit 114condos01360$141,5002026-07-27
18001 Collins Ave Unit 1710condos01551$205,0002026-07-13
18001 Collins Ave Unit 2910condos01551$200,0002026-06-12
19201 Collins Ave Unit 924condos01360$149,5002026-06-11
19201 Collins Ave Unit 630condos01$53,5002026-06-11
18001 Collins Ave Unit 1411condos01664$290,0002026-06-08
19201 Collins Ave Unit 1133condos01360$90,0002026-06-05

Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.

AddressTypeBedsBathsSqftAsking priceDays on market
19201 Collins Ave Unit 726condos01370$89,000
19201 Collins Ave Unit 243condos01360$69,000
19201 Collins Ave Unit 1144condos01360$95,000
19201 Collins Ave Unit 527condos01360$82,500
19201 Collins Ave Unit 1103condos01420$99,900
19201 Collins Ave Unit 231condos01360$100,000
18001 Collins Ave Unit 917condos01664$257,000
19201 Collins Ave Unit 707condos01420$100,000

10-year hold projection

IRR6.1%
Equity multiple1.98x
Total return (10yr)$56,443
YearProperty valueNOICash flowLoan balanceEquity
1$154,500$7,854-$2,720$118,699$35,801
2$159,135$8,172-$2,435$117,309$41,826
3$163,909$8,501-$2,139$115,823$48,086
4$168,826$8,843-$1,833$114,235$54,591
5$173,891$9,196-$1,515$112,538$61,353
6$179,108$9,563-$1,184$110,724$68,383
7$184,481$9,943-$842$108,786$75,695
8$190,016$10,336-$487$106,715$83,300
9$195,716$10,744-$118$104,502$91,214
10$201,587$11,167$264$102,137$99,451
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.
All figures are estimates for evaluation purposes only, not investment, tax, legal, or insurance advice. Property tax is estimated from a real matched tax bill or millage rate when available, a placeholder % of price otherwise; insurance is scaled by flood and wind risk where those are known and a flat percentage otherwise — never a real quote. Verify all of them, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow’s ZIP index, not appraisals.