NOT LISTED FOR SALE

Acqualina 17875 Collins Ave Unit 4003 Sunny Isles Beach, FL 33160

Estimated Value: $4,544,450 - $5,809,000

5 Beds
5 Baths
4,415 Sq Ft
$5,900/mo HOA Fee

Last Sold February 17, 2021

Last sale price $3,495,000 $792 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $39,604/month

112 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Private Beach Pavilion
  • 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 February 2021

ACQUALINA OCEAN RESIDENCES & RESORT OFFERS THIS MAGNIFICENT 5 BED 5,5 BATH UNIT TOTALLY DESIGNED WITH EXTRAORDINARY ATTENTION TO DETAIL ACHIEVING SAME MEDITERRANEAN / ITALIAN UNIQUE QUALITY STYLE THE BUILDING OFFERS. IMPRESSIVE & EXPENSIVE UPGRADES FEATURES GOLD LEAF DECORATION FINISHES, POLISHED VENETIAN PLASTER WALLS, CEILINGS & DOORS, NUMEROUS BUILT INS, CUSTOM MADE CURTAINS & ELECTRIC WINDOW SHADES, CROWN MOLDING, GORGEOUS LIGHT FIXTURES, ART FRESCO PAINTING, POLISHED MARBLE FLOORING, STAINLESS STEEL GOURMET APPLIANCES, FABULOUS BAR, SURROUND SYSTEM, 3 BALCONIES OVERLOOKING OCEAN, BAY & CITY VIEWS, PRIVATE ELEVATORS & MANY MORE DETAILS. ESTATE OF THE ART BUILDING OFFERS HIGH IN AMENITIES INCL PRIVATE BEACH, POOL, GYM, SAUNA, SPA, RESTAURANTS, VALET PARKING & MORE. CALL NOW FOR VIEWING.

Last Agent to Sell the Property

Martin Verdi

Optimar International Realty License #0707860 Listed on: 09/14/2020

Optimar International Realty

Last Buyer's Agent

Lucille Riccelli

Coral Shores Realty License #0685553

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $44,552

Year Built

  • Built in 2006 | Newly Remodeled

Lot Details

  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Privacy Fence

HOA Fees

  • $5,900 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Secured Garage or Parking

Property Views

Home Design

  • Elevated Home
  • Entry on the 40th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,415 Sq Ft Home
  • Wet Bar
  • Partially Furnished
  • Built-In Features
  • Fireplace
  • Blinds
  • Casement Windows
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Marble Flooring

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • 5 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 31-22-11-071-1080

Community Details

Overview

  • 285 Units
  • High-Rise Condominium
  • Acqualina Residences Condos
  • Acqualina Ocean Residence,Acqualina Subdivision
  • Property has 1 Level

Amenities

  • Doorman
  • Valet Parking
  • Business Center
  • Bar or Lounge

Recreation

  • Private Beach Pavilion
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$44,552

Year Built

Built in 2006 | Newly Remodeled

Lot Details

0

HOA Fees

$5,900 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 40
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Unit Levels: 1
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: ACQUALINA OCEAN RESIDENCE,ACQUALINA
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Gas Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Lobby, Built-in Features, Closet Cabinetry, Cooking Island, Entrance Foyer, Walk-In Closet(s), Wet Bar, Den/Library/Office, Other, Utility Room/Laundry
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble
  • Furnished: Partially Furnished
  • Living Area: 4415
  • Other Equipment: Natural Gas
  • Possible Use: Primary
  • Stories: 52
  • Window Features: Complete Impact Glass, Blinds, Casement, High Impact Windows
  • Bedroom Features: Entry Level, Sitting Area - Master Bedroom
  • Dining Room Features: Breakfast Area, Formal Dining, Snack Bar/Counter
  • Living Room Features: Den/Library/Office, Other, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Intracoastal View, Direct Ocean, Skyline
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction, Elevated Construction, Stucco
  • Fencing: Privacy
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Updated/Remodeled, New Construction
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: ACQUALINA RESIDENCES
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: 2 Or More Spaces, Covered, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Doorman, Elevator Secure, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 5900
  • Amenities: Bar, Business Center, Elevator(s), Exercise Room, Heated Pool, Exterior Lighting, Pool, Private Beach Pavilion, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 31-22-11-071-1080
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 285
  • Number Of Units Total: 188

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 44552

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2020
Closed on
Feb 16, 2021
Sold by
Aqua4003 Llc
Bought by
Schettine William C and Schettine Heather A
Seller's Agent
Martin Verdi
Optimar International Realty
Buyer's Agent
Lucille Riccelli
Coral Shores Realty
List Price
$4,890,000
Sold Price
$3,495,000
Premium/Discount to List
-$1,395,000
-28.53%
Current Estimated Value
$5,362,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,867,863
Avg. Annual Appreciation
9.82%

Purchase Details

Closed on
Mar 13, 2015
Sold by
Negrin Lazaro and Negrin Chanddy
Bought by
Aqua4003 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 31, 2006
Sold by
Rosenberg Linda
Bought by
Negrin Lazaro and Negrin Chanddy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,450,000
Interest Rate
6.48%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 29, 2006
Sold by
Williams Island Ocean Club Inc
Bought by
Rosenberg Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,450,000
Interest Rate
6.48%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Schettine William C $3,495,000 None Listed On Document
Schettine William C $3,495,000 None Listed On Document
Aqua4003 Llc -- None Available
Negrin Lazaro $2,900,000 Aventura Title Ins Corp
Rosenberg Linda $1,950,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aqua4003 Llc $2,000,000
Previous Owner Negrin Lazaro $1,450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2021 02/17/21 Sold $3,495,000 -2.6% $792 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
11/20/2020 11/20/20 Price Changed $3,590,000 -7.7% $813 / Sq Ft
10/19/2020 10/19/20 Price Changed $3,890,000 -5.7% $881 / Sq Ft
10/07/2020 10/07/20 Price Changed $4,125,000 -15.6% $934 / Sq Ft
09/14/2020 09/14/20 For Sale $4,890,000 -- $1,108 / 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
2025 $61,568 $3,696,315 -- --
2024 $53,393 $3,696,315 -- --
2023 $53,393 $3,132,470 $0 $0
2022 $48,794 $2,847,718 $0 $0
2021 $46,233 $2,600,656 $0 $0
2020 $46,509 $2,600,656 $0 $0
2019 $44,552 $2,478,270 $0 $0
2018 $43,320 $2,470,361 $0 $0
2017 $60,515 $3,384,056 $0 $0
2016 $71,492 $3,893,076 $0 $0
2015 $65,945 $3,477,233 $0 $0
2014 $64,105 $3,161,121 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10926697

MIAMI REALTORS® MLS

APN: 31-2211-071-1080