Exceptional investment opportunity at Marenas Beach Resort in the heart of Sunny Isles Beach. This unique lockout unit offers exceptional flexibility and privacy. While the owner occupies one side of the residence, the other can be rented independently, creating an excellent opportunity for rental income without sacrificing privacy. Fully furnished 2-bedroom, 3-bath residence offers breathtaking panoramic views of the ocean and Intracoastal, creating the ultimate beachfront lifestyle experience. Situated within a prestigious 5-star resort with NO RENTAL RESTRICTIONS, this unit is ideal for investors seeking immediate income potential through short-term or long-term rentals. The residence features spacious closets, custom built-in cabinetry, an in-unit washer and dryer, new carpeting, sofa bed, TVs, and stylish patio furniture, all included for a true turnkey opportunity. Residents and guests enjoy an impressive array of resort-style amenities, including an infinity-edge pool, private beach service with cabanas, full-service spa, state-of-the-art fitness center, Jacuzzi, steam room, restaurant, bar/lounge areas, business center, concierge services, and 24-hour security. Maintenance fees include utilities for added value and convenience. Perfectly located just minutes from Aventura Mall and close to Bal Harbour Shops, this is a rare opportunity to own a luxury beachfront residence with exceptional revenue-generating potential.
For sale
$1,050,000
18683 Collins Ave #508, Sunny Isles Beach, FL 33160
2beds
1,497sqft
:
Get pre-qualified$9,023/mo
Condominium
Built in 2005
-- sqft lot
$979,000 Zestimate®
$701/sqft
$1,850/mo HOA
What's special
Custom built-in cabinetryNew carpetingIn-unit washer and dryerInfinity-edge poolSofa bedStylish patio furnitureSpacious closets
- 122 days |
- 61 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Ruyam Rona Soysal 646-334-7550,
Rona International Realty
Source: MIAMI,MLS#: A12000036
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
Features
- Elevator
- Flooring: Carpet, Ceramic Tile
- Doors: High Impact Doors
- Common walls with other units/homes: Corner Unit
Interior area
- Total structure area: 1,497
- Total interior livable area: 1,497 sqft
Video & virtual tour
Property
Parking
- Parking features: Valet
Features
- Entry location: First Floor Entry
- Patio & porch: Awning(s)
- Pool features: Association
- Has view: Yes
- View description: Canal, Ocean
- Has water view: Yes
- Water view: Canal,Ocean
- Waterfront features: Ocean Access, Ocean Front
Details
- Parcel number: 3122020451480
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete Block Construction
Condition
- Year built: 2005
Community & HOA
Community
- Security: Fire Sprinkler System, Fire Alarm, Smoke Detector, Doorman, Lobby Secured
- Application fee: $150
- Pet fee: $0
- Subdivision: M Resort Residences Condo
HOA
- Has HOA: Yes
- Amenities included: Business Center, Elevator(s), Fitness Center, Pool, Sauna, Trash
- HOA fee: $1,850 monthly
Location
- Region: Sunny Isles Beach
Financial & listing details
- Price per square foot: $701/sqft
- Tax assessed value: $824,771
- Annual tax amount: $11,939
- Date on market: 4/13/2026
- Listing terms: All Cash,Conventional
Estimated market value
Zestimate®
$979,000
Estimated sales range
$930,000 - $1.03M
Rent Zestimate®
$6,353/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/13/2026 | Listed for sale | $1,050,000+87.8%$701/sqft |
Source: | ||
| 1/19/2021 | Listing removed | -- |
Source: | ||
| 9/7/2019 | Price change | $559,000-2.8%$373/sqft |
Source: Volare Realty #A10700395 Report a problem | ||
| 7/2/2019 | Listed for sale | $575,000-17.9%$384/sqft |
Source: Volare Realty #A10700395 Report a problem | ||
| 2/26/2015 | Listing removed | $700,000$468/sqft |
Source: Rona International Realty #A1946534 Report a problem | ||
| 11/7/2014 | Price change | $700,000+10.2%$468/sqft |
Source: Rona International Realty #A1946534 Report a problem | ||
| 5/9/2014 | Listed for sale | $635,000+24.8%$424/sqft |
Source: Rona International Realty #A1946534 Report a problem | ||
| 11/7/2013 | Listing removed | $6,000$4/sqft |
Source: Yaffe International realty Report a problem | ||
| 10/8/2013 | Listed for rent | $6,000$4/sqft |
Source: YAFFE INTERNATIONAL REALTY Report a problem | ||
| 9/4/2013 | Listing removed | $6,000$4/sqft |
Source: Yaffe International Realty Report a problem | ||
| 8/6/2013 | Listed for rent | $6,000$4/sqft |
Source: Yaffe International Realty Report a problem | ||
| 6/2/2013 | Listing removed | $6,000$4/sqft |
Source: Yaffe International Realty Report a problem | ||
| 12/6/2012 | Listed for rent | $6,000+9.1%$4/sqft |
Source: The Real Estate Club LLC #A1720573 Report a problem | ||
| 10/17/2012 | Listing removed | $5,500$4/sqft |
Source: The Real Estate Club LLC #A1629473 Report a problem | ||
| 7/29/2011 | Listed for rent | $5,500$4/sqft |
Source: The Real Estate Club LLC #M1492656 Report a problem | ||
| 5/6/2011 | Listing removed | $5,500$4/sqft |
Source: United Florida Realty - Pavel Dmitriyev Report a problem | ||
| 4/22/2011 | Listed for rent | $5,500$4/sqft |
Source: United Florida Realty - Pavel Dmitriyev Report a problem | ||
| 4/22/2011 | Listing removed | $509,000$340/sqft |
Source: PRUDENTIAL FLORIDA REALTY Report a problem | ||
| 2/5/2011 | Listed for sale | $509,000+56.6%$340/sqft |
Source: PRUDENTIAL FLORIDA REALTY Report a problem | ||
| 12/13/2010 | Sold | $325,000+8%$217/sqft |
Source: Public Record Report a problem | ||
| 12/1/2009 | Sold | $301,000$201/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,939 +7.1% | $641,086 +10% |
| 2024 | $11,152 +13% | $582,806 +10% |
| 2023 | $9,867 +11.7% | $529,824 +10% |
| 2022 | $8,830 +13.4% | $481,659 +10% |
| 2021 | $7,784 -10.8% | $437,872 -10% |
| 2020 | $8,723 -0.2% | $486,525 +0.1% |
| 2019 | $8,737 -3.1% | $485,990 -3.2% |
| 2018 | $9,017 | $501,809 +10% |
| 2017 | $9,017 +3.6% | $456,190 +10% |
| 2016 | $8,702 +13.7% | $414,719 +10% |
| 2015 | $7,651 +9.2% | $377,018 +10% |
| 2014 | $7,008 +27.6% | $342,744 +10% |
| 2013 | $5,491 | $311,586 +10% |
| 2012 | $5,491 -1.1% | $283,260 |
| 2011 | $5,550 -20.9% | $283,260 -15% |
| 2010 | $7,013 -10.6% | $333,250 -17% |
| 2009 | $7,844 -17.2% | $401,500 -19.7% |
| 2007 | $9,468 | $500,310 |
| 2006 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 33160
Nearby schools
GreatSchools rating
- 8/10Norman S. Edelcup/Sunny Isles Beach K-8Grades: PK-8Distance: 0.4 mi
- 4/10Alonzo And Tracy Mourning Senior High Biscayne Bay CampusGrades: 9-12Distance: 2.8 mi
- 5/10Highland Oaks Middle SchoolGrades: 6-8Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Norman S. Edelcup K-8
- Middle: Highland Oaks
Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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