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Waterfront · Condominium
$2,700,000$1,222 / sqft
18671 Collins Ave # 2902, Sunny Isles Beach FL 33160
Listed
3
Bedrooms
4
Bathrooms
2,210 sqft
Interior
1999
Year built
$1,931 / mo
HOA
Condominium
Type
About this home
Live in exclusive boutique building with only 4 apartments per floor. direct ocean front, Spectacular 3 Bed plus open Den (that can be closed and converted into a fourth bedroom) 3.5 Bath 2,230 sq ft under AC plus 800 sq ft wrapped around balcony. Panoramic elevator opens directly on to this completely remodeled and furnished stunning apartment's private foyer, ceramic floors throughout, floor to ceiling high impact windows, built in closets, stainless steel appliances, quartz counter tops, Steam room shower, breath taking ocean, beach and intracoastal views. 24 hr security, valet, tennis court, putting green, fully equipped state of the art gym, spa, massage room, ping pong, billiards, piano, party room, business room, beach/pool services, dog walk, bbq, walking distance to Publix, CVS pharmacy, shops, restaurants and houses of worship.
Features
- Lobby
- Built-in Features
- Closet Cabinetry
- Elevator
- Fire Sprinklers
- Walk-In Closet(s)
- Den/Library/Office
- Barbeque
- Open Balcony
- Tennis Court(s)
- Intracoastal View
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.