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Waterfront · Condominium
$825,000$903 / sqft
18201 Collins Ave # 603, Sunny Isles Beach FL 33160
Listed
1
Bedrooms
2
Bathrooms
914 sqft
Interior
2008
Year built
None
HOA
Condominium
Type
About this home
Beautifully upgraded residence with desirable southeast exposure showcasing views of the elegant entrance fountain, lush tropical landscaping, and partial ocean views. Filled with natural light, this move-in-ready home features floor-to-ceiling impact glass and high-end finishes throughout. Enjoy resort-style living with direct beach access and beach service, oceanfront pool and spa, fitness center, tennis courts, concierge, valet, and 24-hour security. Ideally located in the heart of Sunny Isles Beach, minutes from Bal Harbour Shops, Aventura Mall, fine dining, marinas, parks, and both Miami and Fort Lauderdale airports. Perfect as a primary residence, vacation home, or investment opportunity in one of Sunny Isles Beach’s most coveted oceanfront community. You'll love it!
Features
- Other
- Open Balcony
- Tennis Court(s)
- Garden View
- Ocean View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- Okay To Lease 1st Year
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
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 1-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,000–$3,750.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.