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Waterfront · Condominium
$16,950,000$2,098 / sqft
17875 Collins Ave, Sunny Isles Beach FL 33160
Listed
5
Bedrooms
5
Bathrooms
8,081 sqft
Interior
2006
Year built
$19,181 / mo
HOA
Condominium
Type
About this home
Spanning over 8,081 SF of impeccably designed living space, Penthouse 5002 is a never-lived-in architectural masterpiece by renowned designer David Arcadian, where timeless elegance meets exceptional craftsmanship. A dramatic 26-foot double-height great room anchors the residence, complemented by two lavish primary suites with oversized custom closets, spacious guest bedrooms, a laundry chute, and a private detached guest house. The rooftop pool crowns this palace in the sky. Located at Acqualina Resort & Residences, residents enjoy a world-class five-star lifestyle with 24-hour room service, award-winning Il Mulino and Ke-uH restaurants, an oceanfront spa, concierge, valet, and exceptional resort amenities.
Features
- First Floor Entry
- Bar
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Custom Mirrors
- Elevator
- Entrance Foyer
- Volume Ceilings
- Walk-In Closet(s)
- Separate Guest/In-Law Quarters
- Barbeque
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 5-bed rentals across Miami-Dade, from 21 active listings; the middle half ask $24,000–$45,000.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.