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Waterfront · Condominium
$1,799,000$930 / sqft
15811 Collins Ave # 4203, Sunny Isles Beach FL 33160
Listed
2
Bedrooms
3
Bathrooms
1,935 sqft
Interior
2010
Year built
$2,609 / mo
HOA
Condominium
Type
About this home
This stunning 2-bedroom plus den converted into bedroom, 3-bathroom condo on the 42nd floor offers direct ocean views and breathtaking sunrises. Designed for relaxation, it features high ceilings, marble floors, and top-of-the-line appliances. Each bedroom has an en suite bathroom, ensuring privacy and comfort. Enjoy resort-style amenities, including direct beach access, beach chair service, an on-site restaurant, pool, gym, sauna, steam room, and valet parking for your convenience. Minimum one-month rentals are allowed, making this property perfect for personal use and as vacation rental when you're away. Luxury living meets smart investment!
Features
- Cooking Island
- Walk-In Closet(s)
- Den/Library/Office
- East Of Us1
- Open Balcony
- Ocean View
- Direct Ocean
Leasing
- Minimum lease
- 30 days
- Leases permitted per year
- 12
- Ok To Lease
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 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,350–$5,500.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.