18975 Collins Ave 4505, Sunny Isles Beach, FL 33160 — MLS photo

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18975 Collins Ave 4505, Sunny Isles Beach, FL 33160

Active · Condominium

$2,449,900

18975 Collins Ave 4505, Sunny Isles Beach, FL 33160

Beds
2
Baths
2
Living area
1,264 sq ft
$ / sq ft
$1,938/sq ft
Year built
2019
Lot size
—
HOA fee
$2,673 Monthly
Annual tax
$23,808

About this property

Experience elevated oceanfront living in this turnkey 45th-floor corner residence at the prestigious Armani Residences. This 2 bed. 2 bath. residence offers breathtaking panoramic views of the Atlantic Ocean, Intracoastal and city skyline through dramatic floor to ceiling windows. As a coveted corner unit, it features exceptional natural light and a rare vantage point high above South Florida. Thoughtfully designed, the residence includes rectified Italian porcelain flooring throughout, faux-painted accent walls, custom-built closets, automated window sheers and a smart home system. The modern Italian Armani/Casa kitchen features marble countertops, premium cabinetry, and Sub-Zero/ Wolf appliances. Marble appointed bathrooms complete the sophisticated interiors. Perfect for entertaining, the home showcases an expansive 1,000-square-foot wraparound terrace with a summer kitchen and spectacular views. Offered fully furnished with luxury pieces by Artefacto, this exceptional residence is move-in ready in one of South Florida’s most iconic addresses. Enjoy five star amenities including a private oceanfront restaurant and bar, luxurious Armani Spa, private movie theater, heated pool, two hot tubs, cigar lounge, children’s playroom, billiards, card room and a state-of-the-art fitness center.

Property location

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18975 Collins Ave 4505, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,264 sq ft
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Electric
Heating
Electric
Interior features
Built In Features, Kitchen Island, Other, Bar

Exterior & Structure

Property type
Condominium
Year built
2019
Stories
54
Construction
Block
Exterior features
Balcony, Barbecue, Security High Impact Doors
Pool
Heated
Waterfront
Ocean Front
View
Bay, City, Ocean

Parking

Garage spaces
1
Covered spaces
1
Parking features
Two Or More Spaces, Valet

HOA, Community & Financials

Association fee
$2,673 Monthly
Fee inclusions
Association Management, Amenities, Cable Tv, Insurance, Internet, Maintenance Grounds, Parking, Pools, Recreation Facilities, Reserve Fund, Sewer, Security, Trash, Water
Amenities
Cabana, Clubhouse, Elevators, Fitness Center, Barbecue, Picnic Area, Playground, Pool, Sauna, Spa Hot Tub, Trash
Security
Door Man, Secured Garage Parking, Security Guard, Fire Sprinkler System, Smoke Detectors
Pets allowed
Conditional, Yes
Annual tax
$23,808
Subdivision
18975 COLLINS CONDO
County
Miami-Dade
Days on market
200
MLS listing ID
A11970678
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

-$9,589

Cap rate
1.0%
Net yield
1.0%
Cash-on-cash return
-16.8%
Gross yield
4.4%
Mortgage payment
$11,614/mo
Down payment
$612,475
Loan amount
$1,837,425
Annual NOI
$24,297

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