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Waterfront · Condominium
$610,000$887 / sqft
18683 Collins Ave # 2006, Sunny Isles Beach FL 33160
Listed
1
Bedrooms
1
Bathrooms
688 sqft
Interior
2005
Year built
$1,387 / mo
HOA
Condominium
Type
About this home
Beautiful 1-bedroom, 1-bathroom residence at Marenas Beach Resort in Sunny Isles Beach, offering ocean views and direct beach access. The unit features a European-style kitchen, marble bathroom, and is being offered fully furnished. Enjoy resort-style amenities, including a swimming pool, spa, Jacuzzi, steam room, fitness center, business center, restaurant, bar areas, beach service, concierge, valet parking, 24-hour security, and full hotel services. Conveniently located near Aventura Mall and Bal Harbour Shops. An excellent opportunity to enjoy as your Miami vacation home while also generating income through short-term rentals when you are away. The unit has been successfully operating as an Airbnb since 2019 and has received excellent guest reviews, making it ideal for producing rental income from day one.
Features
- First Floor Entry
- Other
- Open Balcony
- Ocean View
- Skyline
Leasing
- Minimum lease
- 1 day
- Leases permitted per year
- 365
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
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 1-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,000–$3,500.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.