18501 Collins Ave 2502, Sunny Isles Beach, FL 33160 — MLS photo

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18501 Collins Ave 2502, Sunny Isles Beach, FL 33160

Active · Condominium

$5,750,000

18501 Collins Ave 2502, Sunny Isles Beach, FL 33160

Beds
3
Baths
5
Living area
2,589 sq ft
$ / sq ft
$2,221/sq ft
Year built
2020
Lot size
—
HOA fee
$5,680
Annual tax
—

About this property

Turnberry Ocean Club Residences is one of the most prestigious buildings in Sunny Isles Beach. Ultra luxury amenities: Sky Club Level 32: * Sky Indoor & outdoor dining * Sky Sunset Lounge with stunning Intracoastal views. * Sky Outdoor pet retreat and dog walking area SKY CLUB LEVEL 31: CALM * Indoor, oceanfront fitness center * Outdoor, oceanfront, open-air fitness terrace * Revitalization spa with relaxation lounge * Dedicated beauty suite for private hair, manicure and pedicure appointments SKY CLUB LEVEL 30: RISE * Signature sunrise and sunset vanishing swimming pools suspended 333’ above sea level * Two hydrotherapy spas * Sky Club bar and lounge with breathtaking waterfront views Also features a movie theater, Pilates room, kids' club, restaurant by the pool, coffee shop, and business center.

Property location

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18501 Collins Ave 2502, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
3
Bathrooms
5
Living area
2,589 sq ft

Exterior & Structure

Property type
Condominium
Year built
2020

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$5,680
County
Miami-Dade
MLS listing ID
A11937888
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

-$26,971

Cap rate
0.1%
Net yield
0.1%
Cash-on-cash return
-20.1%
Gross yield
4.3%
Mortgage payment
$27,258/mo
Down payment
$1,437,500
Loan amount
$4,312,500
Annual NOI
$3,448

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