18555 Collins Ave 3705, Sunny Isles Beach, FL 33160 — MLS photo

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18555 Collins Ave 3705, Sunny Isles Beach, FL 33160

Active · Condominium

$8,500,000

18555 Collins Ave 3705, Sunny Isles Beach, FL 33160

Beds
4
Baths
5
Living area
4,154 sq ft
$ / sq ft
$2,046/sq ft
Year built
2016
Lot size
—
HOA fee
—
Annual tax
$81,024

About this property

Exceptional in every aspect, this unit is a masterpiece of luxury living with direct ocean frontage. Boasting 4 bedrooms, 3.5 bath, along with a service room with its own bath, plus a versatile Den/Family room.This residence offers a wealth of space for your comfort & convenience with its own private elevator.Step onto the terrace & discover a private pool and summer kitchen, great for relaxation and entertainment. This extraordinary unit goes beyond the ordinary, featuring a private garage & a state-of-the-art robotic car elevator. The amenities are nothing short of 5-star, including a fully-equipped gym, a serene spa, personalized beach service, a private restaurant, theater, virtual golf game, a race car simulator for enthusiasts, and a lounge bar & coffee area for moments of leisure.

Property location

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18555 Collins Ave 3705, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
4
Bathrooms
5
Living area
4,154 sq ft
Flooring
Other
Appliances
Dryer, Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level, Living Dining Room
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
2016
Stories
0
Architectural style
High Rise
Construction
Block
Exterior features
Balcony, Security High Impact Doors
Pool
Association
Waterfront
Other
View
Ocean

Parking

Garage spaces
1
Covered spaces
1
Parking features
Other, One Space

HOA, Community & Financials

Association fee
$0 Monthly
Fee inclusions
Amenities, Common Areas, Maintenance Structure, Other, Parking
Amenities
Clubhouse, Fitness Center, Other, Pool
Security
Key Card Entry, Lobby Secured, Other
Pets allowed
Conditional, Yes
Annual tax
$81,024
Subdivision
18555 COLLINS AVENUE COND
County
Miami-Dade
Days on market
133
MLS listing ID
A12018726
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

-$24,238

Cap rate
2.3%
Net yield
2.3%
Cash-on-cash return
-12.2%
Gross yield
4.4%
Mortgage payment
$40,294/mo
Down payment
$2,125,000
Loan amount
$6,375,000
Annual NOI
$192,678

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