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Waterfront · Condominium
$6,340,000$1,979 / sqft
15701 Collins Ave # 705, Sunny Isles Beach FL 33160
Listed
4
Bedrooms
6
Bathrooms
3,204 sqft
Interior
2020
Year built
$5,585 / mo
HOA
Condominium
Type
About this home
AMAZING oceanfront 4 beds + den / 5.5 baths unit at The Ritz Carlton Sunny Isles!! It boasts the largest layout in the whole building, and let me tell you, the views are absolutely breathtaking! From all the balconies and floor to ceiling glass windows throughout the unit, you get to enjoy beautiful panoramic views of the ocean, bay, and skyline! This unit comes with a private elevator for added convenience. The kitchen is a dream come true, featuring Snaidero cabinets and top-of-the-line Gaggenau appliances. The entire unit has been professionally designed and furnished with no expense spared! Seller Financing Available. If you're looking for a true piece of heaven by the ocean, this is it!
Features
- First Floor Entry
- Open Balcony
- Bay
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- No Daily Rentals
- Ok To Lease
- Okay To Lease 1st Year
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 4-bed rentals across Miami-Dade, from 124 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.