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Waterfront · Condominium
$240,000$436 / sqft
18001 Collins Ave # 2908, Sunny Isles Beach FL 33160
Listed
0
Bedrooms
1
Bathrooms
551 sqft
Interior
2003
Year built
$2,400 / mo
HOA
Condominium
Type
About this home
Huge $50k reduction for quick sale! Beautiful direct ocean views from this 29th floor deluxe studio. Below is beautiful view of pools and resort amenties. This high floor has much less units on it than lower floors (7 compared to 18) allows for more privacy and breathtaking views from floor to ceiling windows in the hallways. Unit is currently not in hotel program and rented privately but can be easily into hotel program. Beautiful resort with amazing amenities including two pools, beach service, kids club, gym and full service spa, 4 restaurants and more.
Features
- Built-in Features
- East Of Us1
- Ocean View
- Direct Ocean
Leasing
- Minimum lease
- 1 day
- Leases permitted per year
- 365
- Daily Rentals Allowed
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
Approximate — shows the building, not the unit. Open in maps
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 studio rentals across Miami-Dade, from 200 active listings; the middle half ask $2,000–$3,000.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.