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$1,100,000
●
Condo -
Off Market
377 Poinciana Dr #1116
Sunny Isles Beach, FL 33160
4 Beds
3 Baths,
1
Half Bath
2370 Sqft
$8,342
Est. Monthly
$1,337
HOA / Fees
12.06%
Cap Rate
About This Property
*MOVE IN READY* Welcome Home to Poinciana Island Yacht & Racquet
Club. This hidden gem is located across the street from the Beach
in Sunny Isles. Immerse yourself in the delights of this updated
townhouse residence on the waterfront, featuring an open floor
plan. The first floor consists of a renovated kitchen adorned with
elegant white gloss cabinets, stainless steel appliances, and
exquisite quartz countertops. The living room boasts luxurious 32 x
32 porcelain tile floors, high-impact doors and windows, along with
a guest bathroom and bedroom which opens up to a private patio.
Bonus, a new boardwalk has just been completed for your
enjoyment.
Amenities include: tennis courts, 2 pools, gym, racquetball, and basketball courts.
Amenities include: tennis courts, 2 pools, gym, racquetball, and basketball courts.
Unit Size
2,370Ft²
Days on Market
253 days
Land Size
-
Price per sqft
$546
Property Type
Condo
Property Taxes
$646
HOA Dues
$1,337
Year Built
-
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Cap Rate Calculator
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Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier)
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
You can learn more about cap rate here .
Last updated: 5 months ago (Miami MLS #A11444101)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 8, 2024 | Sold | $1,100,000 | |
| Sold | |||
| Apr 20, 2024 | In contract | - | |
| In contract | |||
| Mar 22, 2024 | Price Decreased |
$1,295,000
↓ $50K
(3.7%)
|
|
| Price Decreased | |||
| Feb 23, 2024 | Price Decreased |
$1,345,000
↓ $50K
(3.6%)
|
|
| Price Decreased | |||
| Dec 12, 2023 | Price Decreased |
$1,395,000
↓ $90K
(6.1%)
|
|
| Price Decreased | |||
Show More
Property Highlights
Parking Available
Garage
Doorman
Air Conditioning
Parking Details
Has Garage
Parking Features: 1 Space, Covered, Guest
Garage Spaces: 1
Covered Parking Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Master Bathroom Features: Bidet, Combination Tub & Shower, Dual Sinks
Bedrooms: 4
Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bath Shower
Interior Features: First Floor Entry, Closet Cabinetry, Cooking Island, Fire Sprinklers, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s)
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Wall Oven, Washer, Water Softener Owned
Flooring Type: Other, Tile, Vinyl
Door Features: High Impact Doors
Exterior Details
Has Property Attached
Square Footage: 2370
Security Features: Fire Sprinklers, Fire Alarm, Complex Fenced, Guard At Site, Other
Architectural Style: Split Level
Year Built: 1981
Waterfront Features: No Fixed Bridges, Ocean Access, Waterfront
Building Name: POINCIANA IS YT & RCQ CLU
Building Area Total: 2370
Building Area Units: Square Feet
Building Area Total: 2370
Window Features: Clear Impact Glass, Partial Accordian Shutters, Partial Impact Glass, Partial RollDown Shutters, Electric Shutters, Drapes, High Impact Windows
Construction Materials: CBS Construction
Patio and Porch Features: Open Porch
Lot Size Units: Square Feet
Financial Details
Tax Legal Description: POINCIANA IS YT RCQ CLUB CONDO UNIT 1116 UNDIV 0.4939% INT IN COMMON ELEMENTS OFF REC 10775-131 F/A/U 30-2214-021-1060 OR 22394-4385 TO 4390
Tax Annual Amount: $7,748
Tax Year: 2022
Parcel Number: 31-22-14-021-1060
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric
Heating Type: Central, Electric
Location Details
HOA/Condo/Coop Amenities: Basketball Court, Bike Storage, Clubhouse-Clubroom, Exercise Room, Heated Pool, Kitchen Facilities, Exterior Lighting, Marina, Pool, Tennis Court(s)
HOA Fee: $1,337
HOA Fee Frequency: Monthly
377 Poinciana Dr #1116, Sunny Isles Beach, FL, 33160
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
3
Beds
3
Baths
2,340 ft²
$611/ft²
$1,430,000
Feb 23, 2024
$1,430,000
Apr 16, 2024
$1,673/mo
Condo
3
Beds
3
Baths
2,340 ft²
$566/ft²
$1,325,000
Jan 30, 2023
$1,325,000
Oct 31, 2023
$2,670/mo
Condo
3
Beds
4
Baths
1,892 ft²
$687/ft²
$1,300,000
Nov 24, 2023
$1,300,000
Jan 10, 2024
$2,713/mo
Condo
3
Beds
3
Baths
1,705 ft²
$587/ft²
$1,000,000
Dec 15, 2023
$1,000,000
Mar 15, 2024
$2,223/mo
Condo
3
Beds
4
Baths
1,892 ft²
$770/ft²
$1,456,500
Apr 18, 2022
$1,456,500
Apr 1, 2024
$1,376/mo
Condo
3
Beds
3
Baths
1,688 ft²
$773/ft²
$1,305,000
Jan 24, 2024
$1,305,000
Mar 8, 2024
$3,179/mo
Active
Condo
4
Beds
3
Baths
2,830 ft²
$458/ft²
$1,295,500
Apr 27, 2024
-
$2,590/mo
Condo
3
Beds
3
Baths
2,500 ft²
$510/ft²
$1,275,000
Apr 17, 2024
-
$2,429/mo
Active
Condo
3
Beds
3
Baths
2,220 ft²
$631/ft²
$1,400,000
Dec 21, 2023
-
$2,189/mo
Condo
3
Beds
3
Baths
1,687 ft²
$889/ft²
$1,499,000
May 7, 2024
-
$3,053/mo
Condo
3
Beds
3
Baths
1,705 ft²
$733/ft²
$1,250,000
Apr 29, 2024
-
$3,200/mo
Condo
3
Beds
3
Baths
1,705 ft²
$806/ft²
$1,375,000
Dec 27, 2023
-
$3,098/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
08/29/2023
|
4 Bed
|
3 Bath
|
2370 ft²
|
$1,495,000
4 Bed
3 Bath
2370 ft²
|
$1,100,000
-26.42%
05/08/2024
|
-
|
Amber Berger
Corcoran
|
|
|
11/11/2022
|
4 Bed
|
2.5 Bath
|
2370 ft²
|
$1,389,980
4 Bed
2.5 Bath
2370 ft²
|
$1,300,000
-6.47%
05/08/2023
|
Tanya Tsveyer
Realty Home Advisors Inc
|
||
|
04/18/2022
|
4 Bed
|
3 Bath
|
2370 ft²
|
$1,299,980
4 Bed
3 Bath
2370 ft²
|
$1,275,000
-1.92%
08/25/2022
|
Tanya Tsveyer
Realty Home Advisors Inc
|
Building Info
About Poiciana Island
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Listed by: Adam Ziefer
The Corcoran Group
Last Updated: 5 months ago
Data Source: Miami MLS, MLS# A11444101
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The Corcoran Group
Last Updated: 5 months ago
Data Source: Miami MLS, MLS# A11444101
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703
