Luxury Condo on Poinciana Drive in Sunny Isles Beach
$1,150,000
355 Poinciana Drive
2,220 SF
Square Feet
$518
PPSF
Property Description
Live on a private, guarded island in Sunny Isles at Poinciana Island Yacht & Racquet Club—just 190 residences. This upgraded 3 bed, 2.5 bath corner penthouse features private elevator entry, a chef’s kitchen, and 3 terraces (888 SF) with stunning Intracoastal and ocean views. Enjoy your own outdoor hot tub and seamless indoor-outdoor living. Amenities include a clubhouse, 4 tennis courts, 2 pools, basketball court, gym, and beach access across the street. Minutes from Oleta River State Park and Haulover Beach. Rare opportunity!
Property Details
Year Built
1981
Zoning
c41
Renovated
2024
Listing Type
sale
Offering Memorandum
Net Operating Income (NOI)
$0
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)
-$65,419
Cash-on-Cash Return
-22.75%
Monthly Debt Service
$5,452
Annual Debt Service
$65,419
View on Map
Address
355 Poinciana Drive
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Sunny Isles Beach Condo Market Snapshot
Boundary boundary · Condo · Sale
No investors found in this market.