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Waterfront · Condominium
$2,590,000$1,172 / sqft
18671 Collins Ave # 2501, 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
Experience elevated oceanfront living from the 25th floor of Millennium Condo, featuring a 3 Beds + Den (which can be used as a bedroom or an office space), 3.5 Baths residence with panoramic views. 2,210 sq. ft. of refined oceanfront living. This residence features a private elevator opening directly into an elegant foyer, marble floors throughout, and a spacious open balcony offering unobstructed, panoramic direct ocean views from the 25th floor, along with two assigned parking spaces. Millennium elevates coastal luxury with premier amenities including a heated oceanfront pool with Jacuzzi, a two-story state-of-the-art fitness center, steam and traditional sauna, tennis court, party room, business center, and full beach service with towels and chairs—delivering an exceptional blend of sophistication, comfort, and resort-style living.
Features
- Fire Sprinklers
- Entrance Foyer
- Walk-In Closet(s)
- Den/Library/Office
- Open Balcony
- Intracoastal View
- Ocean View
- Direct Ocean
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
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 $3,100–$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.