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Waterfront · Condominium
$3,200,000$811 / sqft
18911 Collins Ave # 3201, Sunny Isles Beach FL 33160
Listed
3
Bedrooms
6
Bathrooms
3,945 sqft
Interior
2003
Year built
$3,356 / mo
HOA
Condominium
Type
About this home
Experience spacious oceanfront living in this exceptional penthouse size residence in prestigious Sunny Isles Beach. A private elevator opens directly into the residence, leading to a large entryway and stunning panoramic ocean views. This spacious 3-bedroom home offers a rare combination of size, privacy, and flexibility and is easily convertible to a 4 or 5 bedroom residence. The home features 3 assigned parking spaces, valet parking, and a private storage unit. The large laundry room includes a full private bathroom and enough additional space to accommodate a bed, making it ideal for staff, guests, or flexible use. The primary bedroom also offers a dedicated office area. Located in one of South Florida’s most desirable coastal communities, Sunny Isles Beach is known for its beautiful beaches, luxury oceanfront residences, fine dining, upscale shopping, and convenient access to Miami and Fort Lauderdale. A rare opportunity to enjoy the size and feel of a penthouse with the privacy of a private elevator and breathtaking ocean views.
Features
- Lobby
- Closet Cabinetry
- Elevator
- Entrance Foyer
- Laundry Tub
- Den/Library/Office
- Maid/In-Law Quarters
- Storage
- Utility Room/Laundry
- 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 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,000–$11,500.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.