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Condominium at 18975 Collins Ave # 3603, Sunny Isles Beach FL 33160Active
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Waterfront · Condominium
$4,150,000$1,827 / sqft

18975 Collins Ave # 3603, Sunny Isles Beach FL 33160

3
Bedrooms
4
Bathrooms
2,271 sqft
Interior
2019
Year built
$4,452 / mo
HOA
Condominium
Type

About this home

Experience luxury living at Residences by Armani Casa, created by the renowned architect Cesar Pelli & Giorgio Armani. This STUNNING 3 bed 3.5 bath unit is the most sought-after line at the 5-star Armani, offering unobstructed ocean & city bay views. This unit features high-end luxury finishes, a top-of-the-line kitchen w/ Wolf appliances, a Sub-Zero refrigerator, & a wine cooler. Marble flooring throughout. $1,000,000 in Upgrades! Professionally Decorated & fully Furnished, providing the ultimate in luxury living. The unit is fully finished & provides access to resort-style amenities such as a 2-story full-service spa, private restaurant w/ room service, game room, cigar/wine room, gym, ocean-view yoga studio w/ Pilates, movie theater, child's playroom, concierge, & 24-hour valet services. Property is rented for $24,500/mo to incredible tenants until January 2027.

Features

  • Built-in Features
  • Closet Cabinetry
  • Cooking Island
  • Custom Mirrors
  • Den/Library/Office
  • Barbeque
  • Intracoastal View
  • Direct Ocean

Location

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

Estimated loan & HOA

$25,437

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

Principal & interest
$20,985
HOA
$4,452 / 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
Jason Mitchell Real Estate Flo

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.