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Waterfront · Condominium
$1,050,000
18975 Collins Ave # 1, Sunny Isles Beach FL 33160
Listed
0
Bedrooms
1
Bathrooms
— sqft
Interior
2019
Year built
$150 / mo
HOA
Condominium
Type
About this home
Rare 600-square foot oversized corner Cabana #1 located within the prestigious Residences by Armani/Casa at 18975 Collins Avenue, offers a rare extension of oceanfront luxury living. Thoughtfully designed and fully furnished, the space combines privacy, elegance, and functionality in one of Sunny Isles Beach's most exclusive residential settings. Armani/Casa cabanas are reserved amenities designed to complement the resort lifestyle of the building and are available only to the owners within the residence. The Desirable corner location enhances the sense of openness and natural light, creating an inviting retreat ideal for relaxing after the beach, entertaining guests or enjoying a private lounge space steps from the ocean. The oversized layout provides flexibility beyond a typical cabana, offering generous living space with sophisticated finishes and a seamless flow. Delivered fully furnished, the cabana is move-in ready and curated for comfort and style, reflecting the refined Armani aesthetic. Just moments from the pool deck and beach amenities, this unique offering serves as a private sanctuary and a luxurious extension of your residence.
Features
- Ocean View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
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
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
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 studio rentals across Miami-Dade, from 200 active listings; the middle half ask $2,000–$3,000.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.