NOT LISTED FOR SALE

18683 Collins Ave Unit 2406 Sunny Isles Beach, FL 33160

Estimated Value: $548,000 - $705,000

1 Bed
1 Bath
688 Sq Ft
$941/mo HOA Fee

Last Sold August 23, 2024

Last sale price $680,000 $988 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $4,863/month

140 Days on Market

Highlights

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

About This Home

As of August 2024

Stunning ocean and intracoastal views from this luxury condo-hotel located in the exclusive Marenas Beach Resort. NO RENTAL RESTRICTIONS. This unit is fully
renovated and furnished. Featuring 1 bedroom and 1 bathroom. The hotel offers the best hotel rental program. or manage it yourself!!!
Enjoy beach living and make a profit while you are away!
Maintenance includes: cable, A/C, water, internet, pest control, electricity, valet parking. & more. Amenities include private beach chairs, towel and umbrella service, heated pool,
hot tub, bar, restaurant, room service, gym, spa, concierge, valet, 24h security. Washer/dryer in the unit.
This is perfect vacation home and business opportunity on the beautiful beaches in Sunny Isles Beach.

Last Agent to Sell the Property

Montse Viader Costello

Fortune International Realty License #3295827 Listed on: 02/21/2024

Fortune International Realty

Last Buyer's Agent

Enrico Madia

Sunny International Realty License #3258111

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,547

Year Built

  • Built in 2005

HOA Fees

  • $941 Monthly HOA Fees

Home Design

  • Entry on the 24th floor

Interior Spaces

  • 688 Sq Ft Home
  • Ceramic Tile Flooring
  • Direct Ocean Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Property has ocean access
  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 31-22-02-045-1240

Community Details

Overview

  • M Resort Residences Condo
  • M Resort Residences Condo Subdivision
  • 26-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sauna
  • Bar or Lounge
  • Secure Lobby
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,547

Year Built

Built in 2005

Lot Details

0

HOA Fees

$941 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Entry Level: 24
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, 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: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 688
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 26
  • Bedroom Features: Entry Level

Exterior Features

  • View: Ocean View, Direct Ocean
  • Exterior Features: Other
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: M RESORT RESIDENCES CONDO
  • Parking Features: Valet

Utilities

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

Condo/Co-op/Association

  • Association Fee: 941
  • Amenities: Bar, Elevator(s), Exercise Room, Pool, Sauna
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 31-22-02-045-1240
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7547

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
Aug 23, 2024
Sold by
Shmarenas 2406 Llc
Bought by
La Augusta Llc
Seller's Agent
Montse Viader Costello
Fortune International Realty
Buyer's Agent
Enrico Madia
Sunny International Realty
List Price
$739,000
Sold Price
$680,000
Premium/Discount to List
-$59,000
-7.98%
Views
36
Current Estimated Value
$616,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$63,719
Avg. Annual Appreciation
-8.00%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
La Augusta Llc $680,000 Cfp Title & Escrow Inc
La Augusta Llc $680,000 Cfp Title & Escrow Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2024 08/23/24 Sold $680,000 -2.8% $988 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
05/01/2024 05/01/24 Price Changed $699,900 -5.3% $1,017 / Sq Ft
02/26/2024 02/26/24 For Sale $739,000 +49.3% $1,074 / Sq Ft
04/15/2022 04/15/22 Sold $495,000 0.0% $719 / Sq Ft View Prior Sale
03/16/2022 03/16/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $495,000 -- $719 / 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 $8,348 $544,841 -- --
2024 $7,547 $487,058 -- --
2023 $7,547 $442,780 $0 $0
2022 $5,283 $288,167 $0 $0
2021 $4,657 $261,970 $0 $0
2020 $5,834 $325,424 $0 $0
2019 $5,852 $325,500 $0 $0
2018 $5,846 $357,690 $0 $0
2017 $5,651 $289,246 $0 $0
2016 $5,328 $262,951 $0 $0
2015 $4,973 $239,047 $0 $0
2014 $4,649 $217,316 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11537406

MIAMI REALTORS® MLS

APN: 31-2202-045-1240