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Condominium at 18501 E Collins # 1503, Sunny Isles Beach FL 33160Active
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Waterfront · Condominium
$5,700,000

18501 E Collins # 1503, Sunny Isles Beach FL 33160

3
Bedrooms
5
Bathrooms
— sqft
Interior
2020
Year built
$5,101 / mo
HOA
Condominium
Type

About this home

Experience luxurious oceanfront living at Turnberry Ocean Club Residences in Sunny Isles Beach. This spectacular flow-through residence offers breathtaking sunrise ocean views from the expansive east-facing terrace and stunning sunset bay and city skyline views from the west-facing terrace. Exceptionally designed with elegant Italian interiors and distinctive 12-foot ceilings, this residence features 3 spacious en-suite bedrooms plus a den with its own full bathroom and closet, ideal as a guest suite, office, or staff quarters. Porcelain floors, oversized terraces with summer kitchen, and a luxurious chef’s kitchen with custom Snaidero cabinetry, stone countertops, and top-of-the-line Gaggenau appliances complete the sophisticated living experience. The primary suite features expansive walk-in closets and a spa-inspired bath with steam shower. Residents enjoy over 70,000 SF of world-class amenities including the exclusive 3-story Sky Club, sunrise and sunset pools, wellness spa, private dining, entertainment areas, beach service, concierge, valet, security, guest suites, and more. Currently leased to an excellent tenant with prepaid rent through September 2027, making this an exceptional opportunity for investors or future end users planning ahead.

Features

  • First Floor Entry
  • Cooking Island
  • Entrance Foyer
  • French Doors
  • Roman Tub
  • Walk-In Closet(s)
  • Den/Library/Office
  • Family Room
  • Maid/In-Law Quarters
  • East Of Us1
  • Barbeque
  • Open Balcony
  • Direct Ocean
  • Skyline
  • Water View

Location

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

Estimated loan & HOA

$33,923

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

Principal & interest
$28,822
HOA
$5,101 / 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
Cassa Realty Group, LLC

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.