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18683 Collins Ave # 508, Sunny Isles Beach FL 33160

Condo/Co-op For Sale
$1,050,000

BTC: 17.10097720

ETH: 601.37457045

54 days
Waterfront
2 bds
3 ba
1,497 sqft

Overview

Exceptional investment opportunity at Marenas Beach Resort in the heart of Sunny Isles Beach. This stunning 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.

Location

Details

Type:
Residential
Parking:
Valet
Year Built:
2005
Lot:
No Data
Heating:
Electric
Price/sqft:
$701
Cooling:
Electric
HOA:
$1,850

Valuation

Our model vs. what's actually selling nearby.
Estimate
$770,000
$441K – $1.3M
Confidence Low
List vs. estimate
$280K above estimate
List $1,050,000 · +36.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$701
+22.8% vs. city median $571
Based on
533 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.6M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$11,939
2025
HOA
$1,850/mo
View
Canal, Ocean View
Waterfront
Ocean Access, Ocean Front
Pets
Restrictions Or Possible Restrictions
All facts and features
  • Flooring

    • Carpet

    • Ceramic Floor

    Heating

    • Electric

    Cooling

    • Electric

    Appliances

    • Dishwasher

    • Dryer

    • Electric Water Heater

    • Microwave

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • First Floor Entry

    • Elevator

    • Fire Sprinklers

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 3

  • Parking

    • Valet

    Other Property Information

    • Parcel Number: 31-22-02-045-1480

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,850

    • HOA Frequency: Monthly

    • Annual tax amount: $11,939

  • Source details

    • MLS ID: A12000036

    Other facts

    • Construction Materials: Concrete Block Construction

    • Patio And Porch Features: Awning(s)

    • Architectural Style: Corner Unit

    • Waterfront: Yes

    • Living Area: 1497

    • Subdivision Name: M RESORT RESIDENCES CONDO

Private inquiry
Talk to the advisor on this listing.
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Rona International Realty