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Waterfront · Condominium
$2,150,000$973 / sqft
18671 Collins Ave # 802, Sunny Isles Beach FL 33160
Listed
3
Bedrooms
4
Bathrooms
2,210 sqft
Interior
1999
Year built
$1,936 / mo
HOA
Condominium
Type
About this home
There’s something very unusual about this Sunny Isles oceanfront … And that’s exactly why I want to show it to you. Come see the view first. Now, let me be completely honest. The residence is in original condition. And for the right buyer, that may be exactly the opportunity. You’re not paying for somebody else’s taste. You can renovate it your way. And when you come to see it, remember: Don’t look at what it is today. Look at what it could become. Welcome to Millennium, directly on the ocean in Sunny Isles Beach. This little stretch of beachfront is one of S. Florida’s most desirable luxury communities - with spectacular towers, beautiful beaches and the Atlantic Ocean as your backyard. And right here, I’m listing a 3-beds, 3½-bath residence on the 8th floor with spectacular direct ocean views. And I particularly like the eighth floor. You’re high enough to enjoy that gorgeous ocean view…without feeling like you’re living in the clouds. This unit comes with full-service oceanfront living with a beautifully renovated lobby, heated pool, jacuzzi, two-story fitness center, sauna, tennis court, beach service, party room, business center and much more. And here’s something else you should know: The sellers are relocating. They’re motivated, and ready to sell. You already have the location, the ocean, the view. Everything else… you can change. So, if you’re looking for an oceanfront opportunity, call or DM me for a private tour. Additional 3rd Garage space is available for sale.
Features
- Entrance Foyer
- Den/Library/Office
- Family Room
- East Of Us1
- Open Balcony
- Tennis Court(s)
- 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 $3,000–$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.