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Waterfront · Condominium
$7,995,000$2,458 / sqft
18501 Collins Ave # 5101, Sunny Isles Beach FL 33160
Listed
4
Bedrooms
6
Bathrooms
3,252 sqft
Interior
2020
Year built
$6,407 / mo
HOA
Condominium
Type
About this home
Residence 5101 is an exceptional oceanfront corner residence at Turnberry Ocean Club, offered fully furnished at the asking price. With 3,252 square feet of indoor living, it presents the rare opportunity to own a high-floor 01-line residence. Featuring a family room, den and private elevator entry, the home is distinguished by an exceptional level of finish, with sophisticated, top-tier materials and refined details throughout. Floor-to-ceiling glass captures panoramic Atlantic Ocean and Intracoastal views, while sunrise and sunset terraces create the perfect setting for entertaining or unwinding above the city. Residents enjoy six levels of world-class amenities, highlighted by the spectacular three-story Sky Club with pools, private dining, a full-service spa and wellness center.
Features
- Elevator
- Fire Sprinklers
- Den/Library/Office
- Storage
- Other
- Intracoastal View
- Ocean View
Leasing
- Minimum lease
- 180 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.
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 4-bed rentals across Miami-Dade, from 125 active listings; the middle half ask $14,000–$33,000.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.