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Waterfront · Condominium
$615,000$894 / sqft
18683 Collins Ave # 804, Sunny Isles Beach FL 33160
Listed
1
Bedrooms
1
Bathrooms
688 sqft
Interior
2005
Year built
$1,245 / mo
HOA
Condominium
Type
About this home
Beautiful fully furnished 1-bedroom, 1-bath residence at Marenas Beach Resort in Sunny Isles Beach. This turnkey condo-hotel features a bright, functional layout with floor-to-ceiling sliding glass doors opening to the balcony, an open kitchen with stainless steel appliances and black stone countertops, an in-unit washer and dryer, and a sofa bed in the living room for additional guests. Enjoy the unit as a vacation home or take advantage of flexible rental options, with the freedom to manage short-term rentals independently or participate in the resort’s professionally managed hotel program. Resort amenities include direct beach access with chair and umbrella service, resort-style pool and cabanas, fitness center, spa and sauna, on-site restaurant and lobby bar, room service, business center, concierge, valet parking, and 24-hour security. Conveniently located just minutes from Aventura Mall and Bal Harbour Shops, fine dining, shopping, and entertainment. An excellent opportunity to own a beachfront condo with income-producing potential.
Features
- Closet Cabinetry
- Elevator
- East Of Us1
- Open Balcony
- Ocean View
Leasing
- Minimum lease
- 1 day
- Leases permitted per year
- 365
- Daily Rentals Allowed
- Ok To Lease
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 1-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,000–$3,500.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.