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Waterfront · Condominium
$4,150,000$1,827 / sqft
18975 Collins Ave # 3603, Sunny Isles Beach FL 33160
Listed
3
Bedrooms
4
Bathrooms
2,271 sqft
Interior
2019
Year built
$4,452 / mo
HOA
Condominium
Type
About this home
Experience luxury living at Residences by Armani Casa, created by the renowned architect Cesar Pelli & Giorgio Armani. This STUNNING 3 bed 3.5 bath unit is the most sought-after line at the 5-star Armani, offering unobstructed ocean & city bay views. This unit features high-end luxury finishes, a top-of-the-line kitchen w/ Wolf appliances, a Sub-Zero refrigerator, & a wine cooler. Marble flooring throughout. $1,000,000 in Upgrades! Professionally Decorated & fully Furnished, providing the ultimate in luxury living. The unit is fully finished & provides access to resort-style amenities such as a 2-story full-service spa, private restaurant w/ room service, game room, cigar/wine room, gym, ocean-view yoga studio w/ Pilates, movie theater, child's playroom, concierge, & 24-hour valet services. Property is rented for $24,500/mo to incredible tenants until January 2027.
Features
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Custom Mirrors
- Den/Library/Office
- Barbeque
- Intracoastal View
- Direct Ocean
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
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 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,250–$12,000.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.