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Waterfront · Condominium
$3,999,000$1,761 / sqft
18975 Collins Ave # 5403, Sunny Isles Beach FL 33160
Listed
3
Bedrooms
4
Bathrooms
2,271 sqft
Interior
2020
Year built
$4,786 / mo
HOA
Condominium
Type
About this home
Experience elevated Lower Penthouse living at the iconic Residences by Armani/Casa in Sunny Isles Beach. This flow-through 3BD + den/office, 3.5BA residence features floor-to-ceiling windows, a sleek European kitchen with cooking island, Wolf appliances, Sub-Zero fridge, wine cooler, built-in espresso machine, floating ceiling, custom closets, motorized shades, and much more! Enjoy sunrise and sunset views from two private balconies. Over 35,000 SF of luxury amenities include a wine room, oceanfront pool and restaurant, two-story spa and fitness center, cigar lounge, kids’ playroom, and private beach service. All in one of Sunny Isles Beach’s most prestigious locations. Resort-style living at its finest—where design, comfort, and elegance meet the ocean.
Features
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Elevator
- Fire Sprinklers
- Entrance Foyer
- Other
- Walk-In Closet(s)
- Den/Library/Office
- Open Balcony
- Ocean View
- Direct Ocean
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 $3,250–$12,000.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.