NOT LISTED FOR SALE

18683 Collins Ave Unit 906 Sunny Isles Beach, FL 33160

Estimated Value: $583,027 - $706,000

1 Bed
1 Bath
688 Sq Ft
$780/mo HOA Fee

Last Sold November 27, 2023

Last sale price $630,000 $916 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,034/month

83 Days on Market

Highlights

  • Ocean Front
  • Community Cabanas
  • Business Center
  • Norman S. Edelcup/Sunny Isles Beach K-8 Rated A-
  • Furnished
  • Eat-In Kitchen

About This Home

As of November 2023

Investors opportunity to own an oceanfront income producing unit at Marenas resort, a great condo hotel, Five stars amenities, including oceanside pool, pool bar, restaurant, fitness center, sauna, valet parking, concierge and much more. Enjoy beach living at its best and make money while you are away.
The unit is currently operated by "Come to Miami" charging a very convenient fee of 20% on the monthly income. Buyer may continue to use this operator or switch to any of their choice.
Owners can enjoy the unit and produce money while away.
Numbers are available upon request to qualified buyers.

Last Agent to Sell the Property

Yanett Cordero

Brickell Realty Group, LLC License #3400714 Listed on: 08/11/2023

Brickell Realty Group, LLC

Last Buyer's Agent

Yubis Setien

Realty One Group Evolution License #3474512

Realty One Group Evolution

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,473

Year Built

  • Built in 2005

Lot Details

  • Ocean Front
  • Northeast Facing Home

HOA Fees

  • $780 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Home Design

  • Condo Hotel
  • Concrete Block And Stucco Construction

Interior Spaces

  • 688 Sq Ft Home
  • Furnished
  • Ocean Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 31-22-02-045-1100

Community Details

Overview

  • 906 Units
  • M Resort Residences Condo
  • M Resort Residences Condo,Marenas Resort Subdivision
  • The community has rules related to no recreational vehicles or boats
  • 26-Story Property

Amenities

  • Business Center
  • Secure Lobby

Recreation

  • Community Cabanas
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,473

Year Built

Built in 2005

Lot Details

0

HOA Fees

$780 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Entry Level: 9
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: M RESORT RESIDENCES CONDO,MARENAS RESORT
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Washer
  • Interior Amenities: Closet Cabinetry, Other, No Additional Rooms
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Tile
  • Furnished: Furnished
  • Living Area: 688
  • Possible Use: Primary
  • Stories: 26
  • Bedroom Features: Entry Level
  • Dining Room Features: Eat-In Kitchen
  • Living Room Features: No Additional Rooms

Exterior Features

  • View: Ocean View
  • Exterior Features: East Of Us1, Other, None
  • Construction Type: CBS Construction
  • Direction Faces: Northeast
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: M RESORT RESIDENCES CONDO
  • Parking Features: 1 Space, Limited # Of Vehicle, No Rv/Boats

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Lobby Secured

Condo/Co-op/Association

  • Association Fee: 780
  • Amenities: Business Center, Cabana, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 31-22-02-045-1100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Number Of Units In Community: 906
  • Number Of Units Total: 906

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4473

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2022
Closed on
Oct 7, 2022
Sold by
M906-0 Corp
Bought by
Cami Global Trade Llc
Seller's Agent
Freddy Osio
Brickell Realty Group, LLC
Buyer's Agent
Yanett Cordero
Brickell Realty Group, LLC
List Price
$550,000
Sold Price
$550,000
Views
5
Current Estimated Value
$667,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,205
Avg. Annual Appreciation
7.21%
Original Mortgage
$412,500
Outstanding Balance
$396,897
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$273,326
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
Cami Global Trade Llc $550,000 Perland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cami Global Trade Llc $412,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2023 11/27/23 Sold $630,000 -6.0% $916 / Sq Ft
11/02/2023 11/02/23 Pending -- -- --
09/12/2023 09/12/23 Price Changed $670,000 -10.7% $974 / Sq Ft
08/11/2023 08/11/23 For Sale $749,900 +36.3% $1,090 / Sq Ft
10/11/2022 10/11/22 Sold $550,000 0.0% $799 / Sq Ft
08/01/2022 08/01/22 For Sale $550,000 -- $799 / 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 $7,195 $457,180 -- --
2024 $6,333 $427,271 -- --
2023 $6,333 $371,540 $0 $0
2022 $4,434 $241,865 $0 $0
2021 $3,909 $219,878 $0 $0
2020 $4,897 $273,136 $0 $0
2019 $4,912 $273,250 $0 $0
2018 $4,907 $300,270 $0 $0
2017 $4,744 $242,815 $0 $0
2016 $4,473 $220,741 $0 $0
2015 $4,175 $200,674 $0 $0
2014 $3,903 $182,431 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Yanett Cordero

    Seller's Agent in 2023

    Yanett Cordero

    Brickell Realty Group, LLC

    (786) 925-8975

    6 Total Sales

    Section Image
  • Yubis Setien

    Buyer's Agent in 2023

    Yubis Setien

    Realty One Group Evolution

    (305) 741-0002

    13 Total Sales

    Section Image
  • Freddy Osio

    Seller's Agent in 2022

    Freddy Osio

    Brickell Realty Group, LLC

    (786) 879-6039

    13 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11434517

MIAMI REALTORS® MLS

APN: 31-2202-045-1100

Florida Miami/Dade County Sunny Isles Beach 33160

18683 Collins Ave Unit 906, Sunny Isles Beach, FL

This home is located at 18683 Collins Ave Unit 906, Sunny Isles Beach, FL 33160 since 11 August 2023 and is currently estimated at $649,757, approximately $944 per square foot. This property was built in 2005. 18683 Collins Ave Unit 906 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.

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