NOT LISTED FOR SALE

Acqualina 17875 Collins Ave Unit 1503 Sunny Isles Beach, FL 33160

Estimated Value: $2,488,667 - $3,587,000

2 Beds
2.5 Baths
2,035 Sq Ft
$4,500/mo HOA Fee

Last Sold May 01, 2019

Last sale price $2,000,000 $983 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $23,496/month

378 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Fitness Center
  • Norman S. Edelcup/Sunny Isles Beach K-8 Rated A-
  • Bar or Lounge
  • 5-minute walk to Senator Gwen Margolis Park Sunny Isles Beach

About This Home

As of May 2019

Hands down the best condo/hotel in Miami, the world renowned FIVE DIAMOND Acqualina Resort & Spa is the pinnacle of luxury and prestige. Award-winning building has world class amenities such as three oceanfront dining areas including the acclaimed Il Mulino New York Restaurant, three oceanfront swimming pools, ESPA, and more. Gorgeous split 2 bedroom + den, 2.5 bathroom unit has breathtaking direct ocean, city and intracoastal views. Owner has maximum flexibility to reside in unit and/or use for generating income as desired— a special program that only a few condo hotel units in the building have! Don’t miss out on this unique opportunity.

Last Agent to Sell the Property

Adriana Brier

Brier Real Estate Group License #3027837 Listed on: 04/09/2018

Last Buyer's Agent

Adriana Brier

Brier Real Estate Group License #3027837 Listed on: 04/09/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $28,370

Year Built

  • Built in 2006

Lot Details

  • Ocean Front

HOA Fees

  • $4,500 Monthly HOA Fees

Home Design

  • Condo Hotel

Interior Spaces

  • 2,035 Sq Ft Home
  • Furnished
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 31-22-11-071-0870

Community Details

Overview

  • High-Rise Condominium
  • Acqualina Condos
  • Acqualina Ocean Residence Subdivision
  • 52-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Trash Chute
  • Business Center
  • Bar or Lounge
  • Secure Lobby

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Security Guard
  • Clear Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$28,370

Year Built

Built in 2006

Lot Details

0

HOA Fees

$4,500 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: A1A TO 178 ST. EAST OF COLLINS ON OCEAN
  • Entry Level: 1503
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: ACQUALINA OCEAN RESIDENCE
  • Year Built Details: Condo-Hotel
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Marble
  • Furnished: Furnished, Turn Key Furnished
  • Living Area: 2035
  • Other Equipment: Elevator
  • Possible Use: Investment
  • Stories: 52
  • Window Features: Clear Impact Glass, Impact Glass
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • View: Ocean View, Direct Ocean
  • Exterior Features: Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Acqualina
  • Parking Features: Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Doorman, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 4500
  • Amenities: Bar, Business Center, Exercise Room, Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 31-22-11-071-0870
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 4500

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 28370

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2018
Closed on
May 1, 2019
Sold by
Interamerican Holdings Llc
Bought by
Twik Shai
Seller's Agent
Adriana Brier
Brier Real Estate Group
Buyer's Agent
Adriana Brier
Brier Real Estate Group
List Price
$2,690,000
Sold Price
$2,000,000
Premium/Discount to List
-$690,000
-25.65%
Total Days on Market
378
Current Estimated Value
$2,978,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$978,917
Avg. Annual Appreciation
5.10%

Purchase Details

Closed on
Apr 6, 2006
Sold by
Williams Island Ocean Club Inc
Bought by
Interamerican Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
1.7%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Twik Shai $2,000,000 Attorney
Interamerican Holdings Llc $1,150,000 Dba Allaqua Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Interamerican Holdings Llc $200,000
Previous Owner Interamerican Holdings Llc $740,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2019 05/01/19 Sold $2,000,000 -16.3% $983 / Sq Ft
02/18/2019 02/18/19 Price Changed $2,390,000 -7.7% $1,174 / Sq Ft
04/18/2018 04/18/18 Price Changed $2,590,000 -3.7% $1,273 / Sq Ft
04/04/2018 04/04/18 For Sale $2,690,000 -- $1,322 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $28,237 $1,793,800 -- --
2023 $28,237 $1,630,728 $0 $0
2022 $28,224 $1,647,200 $0 $0
2021 $26,742 $1,504,292 $0 $0
2020 $29,000 $1,617,520 $0 $0
2019 $27,683 $1,539,910 $0 $0
2018 $30,416 $1,749,896 $0 $0
2017 $28,371 $1,568,028 $0 $0
2016 $29,059 $1,425,480 $0 $0
2015 $25,970 $1,327,646 $0 $0
2014 $24,753 $1,206,951 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10446622

MIAMI REALTORS® MLS

APN: 31-2211-071-0870