Cays Realty
18555 Collins Ave 3501, Sunny Isles Beach, FL 33160 — MLS photo

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18555 Collins Ave 3501, Sunny Isles Beach, FL 33160

Active · Condominium

$11,500,000

18555 Collins Ave 3501, Sunny Isles Beach, FL 33160

Beds
3
Baths
5
Living area
4,154 sq ft
$ / sq ft
$2,768/sq ft
Year built
2016
Lot size
—
HOA fee
$8,100 Monthly
Annual tax
$76,533

About this property

A masterpiece residence for the most discriminate Buyer who loves the best automobiles & has a passion for art in every form. Totally restructured from floor to ceiling, customized & exquisitely designed with the finest brands & materials. From Chef Kitchen by Bulthaup to a an Agape Cuna bathtub. Every single detail is a work of art, from the choice of flooring, finishes, extensive hidden cabinetry in the family room. Home Smart System. Privacy is enhanced by the Dezervator which seamlessly transports your car directly to your residence. Extensive terrace with outdoor kitchen and private pool. Spa featuring Vichy showers, sunset terrace with 2 oversized spa tubs, movie theater, racing car simulators, game room, beauty salon, gourmet restaurant, Bar & Lounge. The Porsche Design Lifestyle

Property location

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18555 Collins Ave 3501, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
3
Bathrooms
5
Living area
4,154 sq ft
Flooring
Hardwood, Terrazzo, Wood
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Trash Compactor, Washer
Cooling
Electric
Heating
Electric
Interior features
Wet Bar, Bidet, Built In Features, Bedroom On Main Level, Closet Cabinetry, Dual Sinks, Eat In Kitchen, First Floor Entry, Kitchen Island, Living Dining Room, Separate Shower, Elevator, Bar

Exterior & Structure

Property type
Condominium
Year built
2016
Stories
59
Architectural style
High Rise
Construction
Block
Exterior features
Balcony, Security High Impact Doors
Pool
Association, Heated
Waterfront
Ocean Access, Ocean Front
View
Intercoastal, Ocean

Parking

Garage spaces
2
Covered spaces
2
Parking features
Attached, Covered, Garage, Two Or More Spaces, Valet

HOA, Community & Financials

Association fee
$8,100 Monthly
Fee inclusions
Association Management, Common Areas, Cable Tv, Hot Water, Insurance, Internet, Legal Accounting, Maintenance Grounds, Maintenance Structure, Other, Pest Control, Pools, Recreation Facilities, Sewer, Security, Trash, Water
Amenities
Billiard Room, Business Center, Clubhouse, Community Kitchen, Fitness Center, Pool, Sauna, Spa Hot Tub, Elevators
Security
Complex Fenced, Door Man, Elevator Secured, Secured Garage Parking, Lobby Secured, Security Guard
Pets allowed
Conditional, Yes
Annual tax
$76,533
Subdivision
18555 COLLINS AVENUE COND
County
Miami-Dade
Days on market
688
MLS listing ID
A11536866
Listing status
Active

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Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$40,510

Cap rate
1.5%
Net yield
1.5%
Cash-on-cash return
-15.1%
Gross yield
4.1%
Mortgage payment
$54,516/mo
Down payment
$2,875,000
Loan amount
$8,625,000
Annual NOI
$168,069

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.