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Condominium at 18501 Collins Ave # 04, Sunny Isles Beach FL 33160Active
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Waterfront · Condominium
$18,000,000$2,671 / sqft

18501 Collins Ave # 04, Sunny Isles Beach FL 33160

5
Bedrooms
8
Bathrooms
6,740 sqft
Interior
2020
Year built
$11,963 / mo
HOA
Condominium
Type

About this home

Presenting The Sky Estate at Turnberry Ocean Club — one of only three developer-combined residences in this iconic Sunny Isles Beach tower, and the highest-floor combined residence in the building. Set within an all-glass tower engineered for 360-degree water views, this residence captures both the Atlantic Ocean and the Intracoastal — the water never leaves your sight. Spanning an entire half-floor, it offers a scale rarely available on the market. The residence delivers 6,740 SF of interior living space plus over 1,510 SF of terrace space, for over 8,250 SF total. Two expansive 80-foot wide terraces — one oceanfront, one facing the sunset, intracoastal, and skyline— flank the residence, while the combined floor plan creates exceptionally wide-format living spaces framed by floor-to-ceiling glass on both exposures. Interiors feature fully custom build-outs with designer wood paneling, dimensional ceiling lighting, and more. 5 bedrooms plus office/den, 7.5 baths. Never lived in. Never touched. Residents enjoy over 70,000 SF of amenities across six floors, including the 3-story private signature ‘Sky Club, a $100 million investment: oceanfront pools, spa & wellness, fitness center, theater, full-service concierge, multiple restaurants, and more. This is not simply a residence — it is a rare condo with two backyards in the sky, and one of the most significant offerings to reach the Sunny Isles Beach market.

Features

  • Built-in Features
  • Cooking Island
  • Custom Mirrors
  • Entrance Foyer
  • Vaulted Ceiling(s)
  • Volume Ceilings
  • Walk-In Closet(s)
  • Den/Library/Office
  • Family Room
  • Great Room
  • Barbeque
  • Intracoastal View
  • Ocean View
  • Direct Ocean
  • Skyline

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$102,981

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$91,018
HOA
$11,963 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Fortune International Realty

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management

Cap rate
Cash-on-cash
Monthly cash flow
Net operating income

Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.

Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.

Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.