24
Map
$6,409,000
↓ $89K (1.4%)
●
Condo -
For Sale
18975 Collins Ave #2500
Sunny Isles Beach, FL 33160
4 Beds
6 Baths,
1
Half Bath
3,206 Ft²
$41,337
Est. Monthly
$4,500
HOA / Fees
-0.72%
Cap Rate
About This Property
Welcome to a realm of unparalleled luxury and sophistication, where
the essence of Italian elegance meets the vibrant energy of Sunny
Isles Beach. For the first time on the market, nestled within the
Residences by Armani Casa, this 4-bedroom, 5.5 bath, corner unit
has been completely remodeled epitomizing the pinnacle of refined
living. The floor-to-ceiling windows frame panoramic views of the
Atlantic Ocean, while the ultra-modern kitchen offers
European-style cabinetry and top-of-the-line Wolf appliances
throughout. Immerse yourself in 35,000 sqft. of lavish amenities,
including an oceanfront resort-style pool, beach services, cabanas,
restaurants, cutting-edge fitness center, indulgent 2-story spa and
much more, truly making it an exclusive waterfront retreat beckons.
Unit Size
3,206 Ft²
Days on Market
270 days
Land Size
-
Price per sqft
$1,999
Property Type
Condo
Property Taxes
$5,368
HOA Dues
$4,500
Year Built
1953
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (Miami MLS #A11611007)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 1, 2025 | Price Decreased |
$6,409,000
↓ $89K
(1.4%) | |
| Price Decreased | |||
| Jun 27, 2024 | Listed by The Agency Florida LLC | $6,498,000 | |
| Listed by The Agency Florida LLC | |||
Property Highlights
Doorman
Parking Available
Garage
Elevator
Air Conditioning
Parking Details
Has Garage
Parking Features: Assigned
Garage Spaces: 2
Covered Parking Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 5
Master Bathroom Features: Dual Sinks, Separate Tub & Shower, Whirlpool/Spa
Bedrooms: 4
Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bath Shower, Primary Bath Tub
Interior Features: Built-in Features, Elevator, Entrance Foyer, Walk-In Closet(s), Den/Library/Office, Family Room, Great Room
Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Wall Oven, Washer
Flooring Type: Marble, Tile
Door Features: High Impact Doors
Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
Living Room Features: Den/Library/Office, Family Room, Great Room
Exterior Details
Has Property Attached
Square Footage: 3206
Security Features: Fire Alarm, Smoke Detector, Elevator Secure, Guard At Site, Lobby Secured, Security Patrol
Architectural Style: Corner Unit, High Rise
Year Built: 2019
Waterfront Features: Ocean Access, Ocean Front
Building Name: Residences of Armani Casa
Building Area Units: Square Feet
Window Features: Blinds, High Impact Windows, Sliding
Construction Materials: CBS Construction
Pool is Private
Lot Size Units: Square Feet
Financial Details
Tax Legal Description: 18975 COLLINS CONDO UNIT 2500 UNDIV 0.4576% INT IN COMMON ELEMENTS OFF REC 31715-2560
Tax Annual Amount: $64,412
Tax Year: 2023
Parcel Number: 31-22-02-055-0220
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Location Details
HOA/Condo/Coop Amenities: Bar, Business Center, Cabana, Child Play Area, Elevator(s), Exercise Room, Private Pool, Sauna, Spa/Hot Tub
HOA Fee: $4,500
HOA Fee Frequency: Monthly
18975 Collins Ave #2500, Sunny Isles Beach, FL, 33160
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
4
Beds
6
Baths
3,043 ft²
$1,752/ft²
$5,332,000
Sep 9, 2024
$5,332,000
Dec 30, 2024
$5,227/mo
Condo
4
Beds
6
Baths
3,504 ft²
$1,955/ft²
$6,850,000
Jul 20, 2024
$6,850,000
Jul 20, 2024
$12,512/mo
Condo
4
Beds
6
Baths
3,891 ft²
$1,645/ft²
$6,400,000
Mar 1, 2024
$6,400,000
Jun 14, 2024
$11,415/mo
Condo
3
Beds
5
Baths
3,110 ft²
$1,640/ft²
$5,100,000
Oct 20, 2023
$5,100,000
Dec 16, 2024
$9,853/mo
Condo
3
Beds
5
Baths
3,110 ft²
$1,760/ft²
$5,475,000
Feb 26, 2024
$5,475,000
Jan 27, 2025
$11,186/mo
Condo
3
Beds
5
Baths
3,110 ft²
$1,624/ft²
$5,050,000
Apr 25, 2024
$5,050,000
Dec 9, 2024
$10,742/mo
Active
Condo
4
Beds
6
Baths
3,306 ft²
$2,114/ft²
$6,990,000
Jul 1, 2024
-
$5,586/mo
Active
Condo
4
Beds
6
Baths
2,682 ft²
$2,125/ft²
$5,700,000
Nov 15, 2024
-
$8,166/mo
Active
Condo
4
Beds
6
Baths
3,109 ft²
$1,994/ft²
$6,199,000
Jan 3, 2025
-
$11,848/mo
Active
Condo
4
Beds
6
Baths
3,255 ft²
$1,902/ft²
$6,190,000
Nov 20, 2024
-
$12,697/mo
Active
Condo
4
Beds
6
Baths
3,033 ft²
$1,977/ft²
$5,995,000
Jan 3, 2025
-
$5,607/mo
Active
Condo
4
Beds
6
Baths
2,682 ft²
$2,218/ft²
$5,950,000
Feb 27, 2024
-
$8,781/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
10/30/2024
|
2 Bed
|
3 Bath
|
1554 ft²
|
$2,790,000
2 Bed
3 Bath
1554 ft²
|
$2,514,000
-9.89%
02/18/2025
|
-
|
Rosa Strallnikoff
Dezer Platinum Realty LLC
| |
|
09/21/2024
|
2 Bed
|
2 Bath
|
1296 ft²
|
$2,425,000
2 Bed
2 Bath
1296 ft²
|
$2,385,000
-1.65%
11/01/2024
|
-
|
Stephanie Penaranda
Coldwell Banker Realty
| |
|
09/17/2024
|
2 Bed
|
2 Bath
|
1107 ft²
|
$1,900,000
2 Bed
2 Bath
1107 ft²
|
$1,825,000
-3.95%
12/10/2024
|
-
|
Arabella Conti
Miami Waterfront Realty
| |
|
09/09/2024
|
4 Bed
|
6 Bath
|
3043 ft²
|
$5,595,000
4 Bed
6 Bath
3043 ft²
|
$5,332,000
-4.70%
12/30/2024
|
-
|
Jonathan Mann
Coldwell Banker Realty
| |
|
08/21/2024
|
2 Bed
|
2 Bath
|
1268 ft²
|
$2,450,000
2 Bed
2 Bath
1268 ft²
|
$2,400,000
-2.04%
02/21/2025
|
-
|
Dolores Canete
Related ISG Realty, LLC.
| |
|
08/05/2024
|
2 Bed
|
2 Bath
|
1233 ft²
|
$2,500,000
2 Bed
2 Bath
1233 ft²
|
$2,500,000
11/14/2024
|
-
|
Jolein Mustafa
Brickell Brokers R.E.
| |
|
07/20/2024
|
4 Bed
|
6 Bath
|
3504 ft²
|
$6,999,000
4 Bed
6 Bath
3504 ft²
|
$6,850,000
-2.13%
07/20/2024
|
-
|
Karen Matluck
Compass Florida, LLC
| |
|
03/01/2024
|
4 Bed
|
6 Bath
|
3891 ft²
|
$6,850,000
4 Bed
6 Bath
3891 ft²
|
$6,400,000
-6.57%
06/14/2024
|
-
|
Mariana Shulga
Mariana Shulga, LLC.
| |
|
03/01/2024
|
Studio
|
1 Bath
|
-
|
$1,450,000
Studio
1 Bath
|
$950,000
-34.48%
01/10/2025
|
-
|
Michelle Reyes
EXP Realty, LLC
| |
|
01/10/2024
|
3 Bed
|
4 Bath
|
2271 ft²
|
$4,100,000
3 Bed
4 Bath
2271 ft²
|
$4,000,000
-2.44%
03/22/2024
|
Maria Papaspirou
Dream Life Realty
| ||
|
01/05/2024
|
3 Bed
|
4 Bath
|
2271 ft²
|
$4,250,000
3 Bed
4 Bath
2271 ft²
|
$4,050,000
-4.71%
04/15/2024
|
-
|
Christina Morenza
Florida One Realty
| |
|
12/27/2023
|
3 Bed
|
4 Bath
|
2271 ft²
|
$4,000,000
3 Bed
4 Bath
2271 ft²
|
$3,700,000
-7.50%
02/20/2024
|
-
|
Maria Carrillo
The Keyes Company
| |
|
11/10/2023
|
3 Bed
|
6 Bath
|
3050 ft²
|
$5,495,000
3 Bed
6 Bath
3050 ft²
|
$4,750,000
-13.56%
07/31/2024
|
-
|
Catalina Vanoy
Million and Up Realty
| |
|
10/17/2023
|
2 Bed
|
3 Bath
|
1579 ft²
|
$2,695,000
2 Bed
3 Bath
1579 ft²
|
$2,625,000
-2.60%
03/20/2024
|
-
|
Julian Calderin
Douglas Elliman
| |
|
09/27/2023
|
4 Bed
|
5 Bath
|
2682 ft²
|
$4,990,000
4 Bed
5 Bath
2682 ft²
|
$4,780,000
-4.21%
12/26/2023
|
Daniel Tzinker
The Agency Florida LLC
| ||
|
09/08/2023
|
3 Bed
|
6 Bath
|
2468 ft²
|
$4,735,000
3 Bed
6 Bath
2468 ft²
|
$4,350,000
-8.13%
03/12/2024
|
-
|
Daniel Tzinker
The Agency Florida LLC
| |
|
08/30/2023
|
2 Bed
|
3 Bath
|
1688 ft²
|
$3,450,000
2 Bed
3 Bath
1688 ft²
|
$3,250,000
-5.80%
09/12/2024
|
-
|
Jorge Llano
Dezer Platinum Realty LLC
| |
|
01/03/2023
|
3 Bed
|
5.5 Bath
|
2468 ft²
|
$4,900,000
3 Bed
5.5 Bath
2468 ft²
|
$3,900,000
-20.41%
06/22/2023
|
-
|
Sarah Segev
G Realty Group, LLC.
| |
|
06/03/2023
|
3 Bed
|
4 Bath
|
2271 ft²
|
$3,949,000
3 Bed
4 Bath
2271 ft²
|
$3,800,000
-3.77%
02/16/2024
|
-
|
Roman Sinyavsky
Miami VIP Properties
| |
|
04/13/2023
|
2 Bed
|
3 Bath
|
1535 ft²
|
$2,625,000
2 Bed
3 Bath
1535 ft²
|
$2,550,000
-2.86%
01/17/2025
|
-
|
Audrey Ross
Compass
| |
|
04/13/2023
|
2 Bed
|
3 Bath
|
1540 ft²
|
$2,650,000
2 Bed
3 Bath
1540 ft²
|
$2,500,000
-5.66%
12/02/2024
|
-
|
Daniel Tzinker
The Agency Florida LLC
| |
|
03/27/2023
|
2 Bed
|
3 Bath
|
1634 ft²
|
$3,000,000
2 Bed
3 Bath
1634 ft²
|
$2,500,000
-16.67%
12/22/2023
|
-
|
Jose Antonio Correa Chacon
Compass Florida, LLC.
| |
|
12/15/2022
|
2 Bed
|
3 Bath
|
1568 ft²
|
$2,575,000
2 Bed
3 Bath
1568 ft²
|
$2,475,000
-3.88%
10/23/2023
|
-
|
Pola Benchimol Levy
EXP Realty, LLC
| |
|
12/02/2022
|
3 Bed
|
4 Bath
|
2271 ft²
|
$3,945,000
3 Bed
4 Bath
2271 ft²
|
$3,800,000
-3.68%
10/11/2023
|
-
|
Annabella Jaimes
Cervera Real Estate Inc.
| |
|
08/11/2022
|
3 Bed
|
3.5 Bath
|
2716 ft²
|
$4,200,000
3 Bed
3.5 Bath
2716 ft²
|
$3,800,000
-9.52%
06/14/2023
|
-
|
Oren Alexander
Official
| |
|
07/22/2022
|
Studio
|
1 Bath
|
209 ft²
|
$855,000
Studio
1 Bath
209 ft²
|
$600,000
-29.82%
11/06/2023
|
-
|
Ana Aizenstat
Coldwell Banker Realty
| |
|
06/29/2022
|
3 Bed
|
3.5 Bath
|
2271 ft²
|
$4,200,000
3 Bed
3.5 Bath
2271 ft²
|
$3,775,000
-10.12%
12/09/2022
|
Luciene Cofresi PA
Fortune International Realty
| ||
|
06/30/2021
|
2 Bed
|
3 Bath
|
1549 ft²
|
$1,880,000
2 Bed
3 Bath
1549 ft²
|
$1,850,000
-1.60%
07/13/2021
|
-
|
Daniel Tzinker
Tzinker International Realty
| |
|
03/27/2021
|
3 Bed
|
4 Bath
|
2271 ft²
|
$3,290,000
3 Bed
4 Bath
2271 ft²
|
$3,000,000
-8.81%
08/06/2021
|
Fernanda Ibarra
Direct Realty Solutions
| ||
|
03/23/2021
|
4 Bed
|
6 Bath
|
-
|
$3,650,000
4 Bed
6 Bath
|
$3,350,000
-8.22%
04/07/2021
|
Karen Matluck PA
Compass Florida, LLC
| ||
|
03/17/2021
|
3 Bed
|
4 Bath
|
3481 ft²
|
$3,490,000
3 Bed
4 Bath
3481 ft²
|
$3,250,000
-6.88%
09/02/2021
|
-
|
Mariana Niro
Douglas Elliman
| |
|
01/31/2021
|
3 Bed
|
4 Bath
|
2271 ft²
|
$2,595,888
3 Bed
4 Bath
2271 ft²
|
$2,620,000
+0.93%
06/18/2021
|
David Betancourt
Douglas Elliman
| ||
|
11/30/2020
|
2 Bed
|
3 Bath
|
1618 ft²
|
$1,799,000
2 Bed
3 Bath
1618 ft²
|
$1,725,000
-4.11%
02/18/2021
|
Leonora Viner
Keller Williams Elite Properties
| ||
|
06/04/2020
|
3 Bed
|
4 Bath
|
2271 ft²
|
$2,749,000
3 Bed
4 Bath
2271 ft²
|
$2,700,000
-1.78%
06/02/2021
|
Victoria Romanenko
Golden Keys Inc
| ||
|
05/22/2020
|
4 Bed
|
6 Bath
|
2682 ft²
|
$3,500,000
4 Bed
6 Bath
2682 ft²
|
$2,825,000
-19.29%
05/26/2021
|
-
|
Christiane Brooks
Compass Florida, LLC.
| |
|
03/07/2020
|
2 Bed
|
3 Bath
|
2331 ft²
|
$2,649,999
2 Bed
3 Bath
2331 ft²
|
$2,950,000
+11.32%
03/17/2020
|
Alice Edery
Compass Florida, LLC
| ||
|
10/10/2019
|
4 Bed
|
6 Bath
|
4997 ft²
|
$4,750,000
4 Bed
6 Bath
4997 ft²
|
$3,450,000
-27.37%
09/10/2020
|
Karen Matluck PA
Compass Florida, LLC
| ||
|
01/14/2013
|
Studio
|
1 Bath
|
371 ft²
|
$84,900
Studio
1 Bath
371 ft²
|
$171,000
+101.41%
04/26/2013
|
-
|
Robert Hamilton
United Realty Consultants
| |
|
09/12/2011
|
Studio
|
1 Bath
|
302 ft²
|
$59,900
Studio
1 Bath
302 ft²
|
$70,000
+16.86%
12/15/2011
|
-
|
Guy Abbotoni
Abbotoni & Associates R E Inc
| |
|
12/12/2010
|
Studio
|
1 Bath
|
302 ft²
|
$69,900
Studio
1 Bath
302 ft²
|
$66,000
-5.58%
08/26/2011
|
-
|
Peter Dacko
Media Realty
|
Building Info
18975 Collins Avenue
18975 Collins Avenue, North Miami Beach, FL 33160
- 3 Units for Sale
About North Biscayne Beach
Similar Homes for Sale
$5,950,000
- 4 Beds
- 6 Baths
- 2,682 ft²
$5,995,000
- 4 Beds
- 6 Baths
- 3,033 ft²
Nearby Rentals
$3,800 /mo
- 1 Bed
- 1 Bath
- 883 ft²
$3,250 /mo
- 2 Beds
- 2 Baths
- 1,276 ft²
Listed by: Daniel Tzinker
The Agency Florida LLC
Last Updated: 2 months ago
Data Source: Miami MLS, MLS# A11611007
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The Agency Florida LLC
Last Updated: 2 months ago
Data Source: Miami MLS, MLS# A11611007
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703
