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Waterfront · Condominium
$6,500,000$2,157 / sqft
18975 Collins Ave, Sunny Isles Beach FL 33160
Listed
4
Bedrooms
6
Bathrooms
3,014 sqft
Interior
2019
Year built
$6,350 / mo
HOA
Condominium
Type
About this home
One-of-a-kind, turnkey direct oceanfront residence curated and furnished by the world-renowned Armani Design Team, following a $1.5M bespoke renovation. Located on the tower’s most desirable oceanfront line, this exceptional home offers 3,014 SF of interior living with 4 bedrooms, 5.5 bathrooms, plus service quarters. Features include elegant marble floors, custom Armani millwork, and a signature Armani Dada kitchen. The primary suite includes a luxury custom-built walk-in closet with premium cabinetry and finishes. A spacious wraparound terrace creates seamless indoor-outdoor living with unobstructed Atlantic Ocean views, ideal for entertaining and everyday enjoyment. The terrace is equipped with a summer kitchen, enhancing the outdoor living experience. A prestigious Beach Cabana #14 is available as a separate purchase , offering a private beachfront retreat.
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Elevator
- Fire Sprinklers
- Volume Ceilings
- Walk-In Closet(s)
- Den/Library/Office
- Family Room
- Open Balcony
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 4-bed rentals across Miami-Dade, from 121 active listings; the middle half ask $15,000–$36,500.That is what landlords ask, not what units let for — edit it if you know better.
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 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. We are not a lender and neither offer nor arrange financing. 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.