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18683 Collins Ave # 508, Sunny Isles Beach FL 33160
About this home
Exceptional investment opportunity at Marenas Beach Resort in the heart of Sunny Isles Beach. This unique lockout unit offers exceptional flexibility and privacy. While the owner occupies one side of the residence, the other can be rented independently, creating an excellent opportunity for rental income without sacrificing privacy. Fully furnished 2-bedroom, 3-bath residence offers breathtaking panoramic views of the ocean and Intracoastal, creating the ultimate beachfront lifestyle experience. Situated within a prestigious 5-star resort with NO RENTAL RESTRICTIONS, this unit is ideal for investors seeking immediate income potential through short-term or long-term rentals. The residence features spacious closets, custom built-in cabinetry, an in-unit washer and dryer, new carpeting, sofa bed, TVs, and stylish patio furniture, all included for a true turnkey opportunity. Residents and guests enjoy an impressive array of resort-style amenities, including an infinity-edge pool, private beach service with cabanas, full-service spa, state-of-the-art fitness center, Jacuzzi, steam room, restaurant, bar/lounge areas, business center, concierge services, and 24-hour security. Maintenance fees include utilities for added value and convenience. Perfectly located just minutes from Aventura Mall and close to Bal Harbour Shops, this is a rare opportunity to own a luxury beachfront residence with exceptional revenue-generating potential.
Features
- First Floor Entry
- Elevator
- Fire Sprinklers
- Canal
- Ocean View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $5,309
- HOA
- $1,850 / mo
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, 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. 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.