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Waterfront · Condominium
$25,900,000$2,409 / sqft
18501 Collins Ave, Sunny Isles Beach FL 33160
Listed
6
Bedrooms
10
Bathrooms
10,750 sqft
Interior
2021
Year built
$18,363 / mo
HOA
Condominium
Type
About this home
MOTIVATED SELLER - BRING ALL OFFERS! Welcome to this 3-story, one-of-a-kind Oceanfront Penthouse at Turnberry Ocean Club. This decorator-ready, flow-through residence features direct ocean, Intracoastal, and city views, a private rooftop with an infinity-edge pool + a summer kitchen, a beach cabana, a gym + staff quarters. The custom kitchen was designed by Snaidero and will feature top-of-the-line Gaggenau appliances. The primary suite features two large walk-in closets, an oceanfront terrace, and two bathrooms. Additionally, there are three private garages, accommodating 6 cars total. Residents of Turnberry Ocean Club enjoy 70,000 SF of luxury amenities, including the 3-story private signature, ‘Sky Club’ with sunrise + sunset pools, private dining, health & wellness center + much more.
Features
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Elevator
- Entrance Foyer
- Pantry
- Walk-In Closet(s)
- Family Room
- Great Room
- Maid/In-Law Quarters
- Utility Room/Laundry
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.
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 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. 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.