NOT LISTED FOR SALE

18683 Collins Ave Unit 1007 Sunny Isles Beach, FL 33160

Estimated Value: $976,000 - $1,484,000

2 Beds
3 Baths
1,497 Sq Ft
$1,574/mo HOA Fee

Last Sold January 12, 2022

Last sale price $800,000 $534 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $9,079/month

63 Days on Market

Highlights

  • Valet Parking
  • Ocean Front
  • Fitness Center
  • Norman S. Edelcup/Sunny Isles Beach K-8 Rated A-
  • Bar or Lounge
  • Furnished

About This Home

As of January 2022

In 2021 this unit has collected in rents $ 64,953 until December 31 2021.
For 2022 this unit has collected in rents $ 20,500 Until April 2022.
Spectacular panoramic intracoastal and ocean views. Condo hotel. Make money & vacation with same unit! Floor to ceiling windows, European design. Turnkey unit. Top of the line appliances. Designer bath fixtures. Incredible amenities , ocean side infinity pool, beach cabanas, fitness center, spa & sauna, Restaurant & Bar. Room service, biz center, concierge & much more.

Last Agent to Sell the Property

Ariel Lopez

Island Living Realty, LLC License #3267352 Listed on: 09/29/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,018

Year Built

  • Built in 2005

Lot Details

  • Ocean Front
  • Property fronts an intracoastal waterway

HOA Fees

  • $1,574 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Property Views

  • Ocean
  • Bay

Home Design

  • Condo Hotel
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,497 Sq Ft Home
  • Furnished
  • Dryer

Kitchen

  • Dishwasher
  • Trash Compactor

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms
  • Bathtub

Outdoor Features

  • Property has ocean access
  • Balcony

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 31-22-02-045-1320

Community Details

Overview

  • Marenas Resort Condos
  • M Resort Residences Condo Subdivision
  • 25-Story Property

Amenities

  • Valet Parking
  • Business Center
  • Bar or Lounge
  • Secure Lobby
  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,018

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,574 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 10
  • Garage Yn: No
  • Horses: No
  • Inclusions: Unrestricted Salt Water Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: M RESORT RESIDENCES CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Dryer
  • Interior Amenities: Elevator
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Floor
  • Furnished: Furnished
  • Living Area: 1497
  • Possible Use: Investment
  • Stories: 25
  • Bedroom Features: Master Bath Tub

Exterior Features

  • View: Bay, Ocean View
  • Exterior Features: Open Balcony, Other
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front, Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Marenas Resort
  • Parking Features: 1 Space, Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Card Entry, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1574
  • Amenities: Bar, Business Center, Elevator(s), Exercise Room, Storage
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 31-22-02-045-1320
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 9018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2023
Sold by
Dv Phase I Borrower Llc
Bought by
Mkb Investors Llc
Current Estimated Value
$1,168,151

Purchase Details

Listed on
Sep 29, 2021
Closed on
Jan 7, 2022
Sold by
Bolufe Liza E
Bought by
Dv Phase I Borrower Llc
Seller's Agent
Ariel Lopez
Island Living Realty, LLC
List Price
$895,000
Sold Price
$800,000
Premium/Discount to List
-$95,000
-10.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.06%

Purchase Details

Closed on
Mar 10, 2008
Sold by
Bolufe Raul L and Bolufe Liza E
Bought by
Bolufe Liza E

Purchase Details

Closed on
Aug 16, 2005
Sold by
Rivera Eugenio
Bought by
Bolufe Raul L and Bolufe Lisa E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
5.57%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mkb Investors Llc -- None Listed On Document
Dv Phase I Borrower Llc $800,000 Eastcor National Title Service
Bolufe Liza E -- Attorney
Bolufe Raul L $715,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bolufe Raul L $568,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2022 01/12/22 Sold $800,000 -10.6% $534 / Sq Ft
12/02/2021 12/02/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $895,000 -- $598 / 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 $13,676 $852,736 -- --
2024 $11,536 $812,130 -- --
2023 $11,536 $676,775 $0 $0
2022 $9,129 $497,962 $0 $0
2021 $8,048 $452,693 $0 $0
2020 $9,018 $502,992 $0 $0
2019 $9,054 $503,660 $0 $0
2018 $9,345 $553,470 $0 $0
2017 $9,019 $472,778 $0 $0
2016 $8,498 $429,799 $0 $0
2015 $7,929 $390,727 $0 $0
2014 $7,263 $355,207 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ariel Lopez

    Seller's Agent in 2022

    Ariel Lopez

    Island Living Realty, LLC

    (305) 303-7533

    115 Total Sales

    Ariel Lopez
    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11104892

MIAMI REALTORS® MLS

APN: 31-2202-045-1320

Florida Miami/Dade County Sunny Isles Beach 33160

18683 Collins Ave Unit 1007, Sunny Isles Beach, FL

This home is located at 18683 Collins Ave Unit 1007, Sunny Isles Beach, FL 33160 since 29 September 2021 and is currently estimated at $1,168,151, approximately $780 per square foot. This property was built in 2005. 18683 Collins Ave Unit 1007 is a home located in Miami-Dade County with nearby schools including Norman S. Edelcup/Sunny Isles Beach K-8, Highland Oaks Middle School, and Alonzo & Tracy Mourning Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS 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.

Nearby Homes