19201 Collins Ave Unit 1139

Sunny Isles Beach, FL 33160 · condos · For Sale · 559 days on market
Asking price$210,000
0 beds 1 baths 360 sqft
Suggested offer$137,207$72,793 above the est. market value of $137,207.
View on Realtor.com →
Listed by Daniel Martinez · Miami Beach Real Estate Group
Typecondos
Built1966
Price / sqft$583
Est. value (own analysis)$137,207
Rent estimate (own analysis)$2,050/mo
HOA$1,273/mo
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Neighborhood

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Statusfor_sale
Listed date2025-02-20
Removed date
MLSMiamiMLS #A11745424
Coordinates25.95445, -80.11962
Address19201 Collins Ave Unit 1139
CitySunny Isles Beach
StateFL
Zip33160
Listing ID5568554966
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$210,000
Down payment (20.0%)$42,000
Loan amount$168,000
Closing costs (5.0%)$10,500
Total cash to close$52,500
Rent (comp-derived)$2,050$24,600
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$24,600
Vacancy rate (assumption) assumption8.0%

$24,600 × 8.0% = $1,968

Effective gross income$1,886$22,632
Property tax (placeholder 1.9% of price)$333$3,990
Insurance (placeholder 0.8% of price)$140$1,680
HOA dues$1,273$15,276
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$103$1,230
Total operating expenses$1,848$22,176
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$22,632
Total operating expenses derived$22,176

$22,632 − $22,176 = $456

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$168,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$168,000 amortized at 6.7% over 30 years = $1,080/mo

CapEx reserve (5.0% of GSR)$103$1,230
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$456
Annual debt service derived$12,955
Annual CapEx reserve assumption$1,230
Annual PMI assumption$0

($456 − $12,955 − $1,230 − $0) ÷ 12 = -$1,144

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$456
Purchase price data$210,000

$456 ÷ $210,000 = 0.2%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$13,729
Total cash to close derived$52,500

-$13,729 ÷ $52,500 = -26.2%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$456
Annual debt service derived$12,955

$456 ÷ $12,955 = 0.04

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$24,600
Purchase price data$210,000

($24,600 ÷ 12) ÷ $210,000 = 1.0%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$210,000
Gross scheduled rent (annual) comp$24,600

$210,000 ÷ $24,600 = 8.5

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$22,176
Effective gross income derived$22,632

$22,176 ÷ $22,632 = 98.0%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$22,176
Annual debt service derived$12,955
Annual PMI assumption$0
Gross scheduled rent (annual) comp$24,600

($22,176 + $12,955 + $0) ÷ $24,600 = 142.8%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
condos01420$1,8502026-05-10
condos01360$1,9502026-08-21
condos01410$1,7452026-01-26
condos01420$2,1002026-08-21
condos01377$1,6002026-06-01
condos01448$1,6002024-10-17
apartment01360$2,2002025-11-02
condos01410$1,8502026-06-17
condos01410$1,8502026-06-23
condos01360$1,7502026-08-04
condos01360$2,0002025-03-14
condos01360$2,1002026-06-22
condos01448$1,7502026-04-22
condos01360$1,9502026-02-26
condos01410$1,9992026-01-05
condos01360$1,8952024-06-17
condos01410$2,2002026-05-13
condos01360$2,0002026-02-19
condos01420$2,9502026-08-02
condos01430$2,6002025-08-13
condos01430$2,7002025-08-13
condos01360$3,0002023-11-06
condos01430$2,8002025-08-09
condos01360$1,9992026-07-05
condos01360$1,8002025-11-18
condos01360$2,2002026-07-18
condos01410$2,2002024-07-19
condos01370$3,3002026-07-16
condos01360$2,3002024-06-14
condos01410$2,3002024-06-13
condos01360$2,4002026-03-03
condos01360$1,9502026-08-17
condos01410$2,4002026-08-29
condos01360$10,3922026-09-01

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 →

19201 Collins Ave Unit 1028

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage360
Listed2026-08-21
Days on market

Asking rent: $1,950

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 104

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage377
Listed2026-06-01
Days on market

Asking rent: $1,600

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 324

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage360
Listed2025-11-02
Days on market

Asking rent: $2,200

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 →

19201 Collins Ave Unit 1117

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage360
Listed2026-08-04
Days on market

Asking rent: $1,750

View on Zillow →

19201 Collins Ave Unit 805

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage360
Listed2025-03-14
Days on market

Asking rent: $2,000

View on Zillow →

19201 Collins Ave Unit 942

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage360
Listed2026-06-22
Days on market

Asking rent: $2,100

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 436

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage360
Listed2026-02-26
Days on market

Asking rent: $1,950

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 104

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage360
Listed2024-06-17
Days on market

Asking rent: $1,895

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 339

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage360
Listed2026-02-19
Days on market

Asking rent: $2,000

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 411

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage360
Listed2023-11-06
Days on market

Asking rent: $3,000

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 441

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage360
Listed2026-07-05
Days on market

Asking rent: $1,999

View on Zillow →

19201 Collins Ave Unit 733

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage360
Listed2025-11-18
Days on market

Asking rent: $1,800

View on Zillow →

19201 Collins Ave Unit 433

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage360
Listed2026-07-18
Days on market

Asking rent: $2,200

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 1126

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage370
Listed2026-07-16
Days on market

Asking rent: $3,300

View on Zillow →

19201 Collins Aveavailnow Unit 428

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage360
Listed2024-06-14
Days on market

Asking rent: $2,300

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 →

19201 Collins Ave Unit 432

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage360
Listed2026-03-03
Days on market

Asking rent: $2,400

View on Zillow →

19201 Collins Ave Unit 643

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage360
Listed2026-08-17
Days on market

Asking rent: $1,950

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 →

19201 Collins Ave Unit 717

Sunny Isles Beach, 33160 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage360
Listed2026-09-01
Days on market

Asking rent: $10,392

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
251 174th St Apt 2310condos01595$150,000
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

10-year hold projection

IRR-7.0%
Equity multiple-0.19x
Total return (10yr)-$35,098
YearProperty valueNOICash flowLoan balanceEquity
1$216,300$456-$13,729$166,179$50,121
2$222,789$581-$13,636$164,232$58,557
3$229,473$712-$13,536$162,152$67,321
4$236,357$849-$13,430$159,929$76,428
5$243,448$994-$13,319$157,553$85,895
6$250,751$1,147-$13,200$155,014$95,737
7$258,274$1,306-$13,075$152,301$105,973
8$266,022$1,474-$12,943$149,401$116,620
9$274,002$1,650-$12,804$146,303$127,700
10$282,222$1,835-$12,657$142,991$139,231
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.