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Waterfront · Condominium
$1,360,000$736 / sqft
15901 Collins Ave # 403, Sunny Isles Beach FL 33160
Listed
2
Bedrooms
2
Bathrooms
1,847 sqft
Interior
2008
Year built
$2,622 / mo
HOA
Condominium
Type
About this home
This luxurious two-bedroom, two-bathroom oceanfront lanai condo offers 1,850 square feet of living space, complete with an oversized private terrace that opens directly to the pool deck. With the charm of a beach house, it features a soaring living room ceiling and stunning views through 10-foot floor-to-ceiling windows. The spacious master suite includes its own bathroom, while the modern kitchen is perfect for entertaining. Exclusive beachfront perks include private beach chairs, an oceanfront gourmet restaurant with delivery right to your spot, a lavish clubhouse, a state-of-the-art gym, his and her spas, two lap pools with attendants, valet service for two cars via an on-call app, and a business center. The property also boasts a spectacularly renovated patio and pool area.
Features
- Entrance Foyer
- Open Balcony
- Ocean View
Leasing
- Minimum lease
- 30 days
- Leases permitted per year
- 12
- No Daily Rentals
- Okay To Lease 1st Year
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
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 $2,300–$5,569.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.