18683 Collins Ave 1907, Sunny Isles Beach, FL 33160 — MLS photo

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18683 Collins Ave 1907, Sunny Isles Beach, FL 33160

Active · Condominium

$1,295,000

18683 Collins Ave 1907, Sunny Isles Beach, FL 33160

Beds
2
Baths
3
Living area
1,497 sq ft
$ / sq ft
$865/sq ft
Year built
2005
Lot size
—
HOA fee
$1,850
Annual tax
—

About this property

Discover luxury oceanfront living at MARENAS BEACH RESORT in Sunny Isles. This 2B/3B corner unit offers unobstructed ocean, Intracoastal, and skyline views. No rental restrictions; you can opt for the hotel's program or third-party rentals. Includes units A & B, with the second bedroom rentable separately. This turn-key-ready gem features a bright, spacious floor plan with floor-to-ceiling sliding doors leading to two separate balconies. The unit boasts an open kitchen, stainless steel appliances, and granite countertops. Enjoy incredible amenities: infinity pool, fitness center, spa, sauna, restaurant, bar, valet, room service, concierge, business center, beach access, and more—an excellent investment opportunity, conveniently close to Aventura Mall & Bal Harbour.

Property location

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18683 Collins Ave 1907, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,497 sq ft

Exterior & Structure

Property type
Condominium
Year built
2005

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,850
County
Miami-Dade
MLS listing ID
A11590371
Listing status
Active

Investment intelligence

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

-$5,164

Cap rate
0.9%
Net yield
0.9%
Cash-on-cash return
-17.1%
Gross yield
5.8%
Mortgage payment
$6,139/mo
Down payment
$323,750
Loan amount
$971,250
Annual NOI
$11,695

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