19333 Collins Ave 2906 PROPERTY INFO
FACTS
- Built In 1999
- Price/Sqft : $1,093.46
CONSTRUCTION
- Beds : 3
- Floor Size : 2,085 sqft
- Baths : 3 Full
PROPERTY DESCRIPTION
19333 Collins Ave 2906, Sunny Isles Beach, FL 33160 is a single family home of 2,085 sqft. HomeUnion estimate for 19333 Collins Ave 2906 includes a Price Estimate of $2,279,867 and a Rent Estimate of $5,525. This single family home has 3 bedrooms, 3 bathrooms, and was built in 1999. This property has an estimated 15 year annualized Yield of 2.91% and Total Return of -5.04%. The estimated 1 year forecast in home value for 19333 Collins Ave 2906 is -3.9%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
19333 Collins Ave 2906 SCHOOLS
Financial Details
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Sunny Isles Beach
Neighborhood : Sunny Isles Beach
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 92% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $5,525 per month.
MY RENT : $5,525 MEDIAN RENT : $2,599
Household Rent Affordability
According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $5,525 would therefore be considered affordable for annual household incomes greater than $221,000 (12 months x 3.333 x $5,525).
HOUSEHOLD INCOME RANGE
Approximately 269 of households in this neighborhood have a total annual income of $221,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $5,525 per month.
MINIMUM INCOME RANGE : $221,000
COMMUTE TIME DISTRIBUTION
53% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 27% has a commute time of 45 minutes or longer.
Sunny Isles Beach Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 12.2% |
Educational Services | 6.4% |
Health Care & Social Assistance | 7.2% |
Professional & Scientific Tech Services | 13.8% |
Real Estate | 8.4% |
Retail & Wholesale Trader | 17.6% |
Other | 34.5% |
AGE DISTRIBUTION
54% of the population is between the ages of 25 and 64, 18% is 24 or younger and 28% is 65 or older.
Age | % Distribution |
---|---|
<15 | 9.7% |
15-19 | 3.3% |
20-24 | 4.6% |
25-44 | 24.4% |
45-65 | 29.7% |
66+ | 28.3% |
OCCUPATION
Occupation | % Distribution |
---|---|
Education | 4.4% |
Healthcare | 6.4% |
Management, Business, & Financial | 30.3% |
PCare | 4.2% |
Production & Transportation | 8.8% |
Sales & Office | 26.2% |
Other | 19.7% |
HIGHEST EDUCATION LEVEL
29% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 9.2% |
High School | 18.6% |
Masters Degree | 12.7% |
Some College | 22.0% |
Some High School | 6.9% |
Other | 30.6% |
19333 Collins Ave 2906 Comps
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