NOT LISTED FOR SALE

18683 Collins Ave Unit 1201 Sunny Isles Beach, FL 33160

Estimated Value: $978,000 - $1,384,000

2 Beds
3 Baths
1,431 Sq Ft
$1,573/mo HOA Fee

Last Sold May 01, 2019

Last sale price $710,000 $496 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $8,960/month

51 Days on Market

Highlights

  • Ocean Front
  • Bar or Lounge
  • Fitness Center
  • Norman S. Edelcup/Sunny Isles Beach K-8 Rated A-
  • Private Beach Pavilion
  • Clubhouse

About This Home

As of May 2019

Oceanfront Condo! Stunning corner unit with direct ocean views. 2 Beds, 3 Baths, split plan (two private residences) that can be rented separately, fully furnished, top of the line appliances, European Kitchen & turnkey! Enjoy the luxury of a 5 star hotel amenities & services: Concierge, restaurant, spa, gym, bar, infinity pool & Beach service. Located in the luxury boutique Marenas (Condo Hotel) in the heart of Sunny Isles Beach, close to Aventura Mall, restaurants, schools, parks (Oleta), & minutes away to the airport.
Perfect income property opportunity or vacation home.

Last Agent to Sell the Property

Juan Jose Velasquez

Douglas Elliman License #3262879 Listed on: 03/11/2019

Douglas Elliman

Co-Listed By

Margarita SanClemente

Douglas Elliman License #3023482

Last Buyer's Agent

Sonia Salazar

Rebonus Brokerage LLC License #3259299

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,393

Year Built

  • Built in 2005

Lot Details

  • Ocean Front
  • East Facing Home

HOA Fees

  • $1,573 Monthly HOA Fees

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Secured Garage or Parking

Home Design

  • Condo Hotel
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,431 Sq Ft Home
  • Furnished
  • Blinds
  • Sliding Windows
  • Combination Dining and Living Room
  • Direct Ocean Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 31-22-02-045-0080

Community Details

Overview

  • 210 Units
  • High-Rise Condominium
  • M Resort Residences Condos
  • M Resort Residences Condo,M Resort Residences Subdivision
  • 26-Story Property

Amenities

  • Clubhouse
  • Business Center
  • Bar or Lounge
  • Secure Lobby
  • Elevator

Recreation

  • Private Beach Pavilion
  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Building Details

Security

  • Card or Code Access
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,393

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,573 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Co List Office Mls Id: DEOM02
  • Co List Office Phone: 305-728-2444
  • Entry Level: 12
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: M RESORT RESIDENCES CONDO,M Resort Residences
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Elevator, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Flooring: Carpet, Marble, Tile
  • Furnished: Furnished
  • Living Area: 1431
  • Possible Use: Investment
  • Stories: 26
  • Window Features: Blinds, Impact Glass, Sliding
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Ocean View, Direct Ocean, Water View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: M Resort Residences
  • Carport Spaces: 1
  • Covered Parking Spaces: 2
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Card Entry, Secured Garage/Parking, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1573
  • Amenities: Bar, Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Child Play Area, Private Beach Pavilion, Private Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 31-22-02-045-0080
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 1573
  • Number Of Units In Community: 210
  • Number Of Units Total: 210

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 11393

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2019
Closed on
Apr 30, 2019
Sold by
Le Petit Real Estate Inc
Bought by
Deseado 2011 Llc
Seller's Agent
Juan Jose Velasquez
Douglas Elliman
Buyer's Agent
Sonia Salazar
Rebonus Brokerage LLC
List Price
$790,000
Sold Price
$710,000
Premium/Discount to List
-$80,000
-10.13%
Current Estimated Value
$1,156,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,664
Avg. Annual Appreciation
8.22%
Source: Public Records

Range of Values:

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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
Deseado 2011 Llc $710,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2019 05/04/19 Pending -- -- --
05/01/2019 05/01/19 Sold $710,000 -10.1% $496 / Sq Ft
03/11/2019 03/11/19 For Sale $790,000 -- $552 / 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 $13,023 $778,758 -- --
2024 $11,986 $707,962 -- --
2023 $11,986 $643,602 $0 $0
2022 $10,726 $585,093 $0 $0
2021 $9,456 $531,903 $0 $0
2020 $10,596 $591,003 $0 $0
2019 $10,629 $591,230 $0 $0
2018 $11,393 $649,700 $0 $0
2017 $11,136 $605,437 $0 $0
2016 $10,482 $550,398 $0 $0
2015 $9,776 $500,362 $0 $0
2014 $8,956 $454,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10637081

MIAMI REALTORS® MLS

APN: 31-2202-045-0080