$8,000,000

Ocean Reserve Sunny Condominium 19370 Collins Ave Sunny Isles Beach, FL 33160

Estimated payment $47,283/month

Total Views 7,936
-- Bed
-- Bath
13,785 Sq Ft
$580 Price per Sq Ft

Highlights

  • Heated Pool
  • Gated Community
  • Balcony
  • Norman S. Edelcup/Sunny Isles Beach K-8 Rated A-
  • Wood Flooring
  • 3-minute walk to Heritage Park

About This Home

Just reduced $200,000!!!! Incredible opportunity to acquire a 12-unit income-producing portfolio in highly desirable Sunny Isles Beach, Florida (owner have more units if needed or split this portfolio(no single units for sale)). All units located within multifamily 420-unit building that permits short Term Rentals. Units are Fully furnished, equipped and licensed for AirBnB, VRBO, Booking with the City of Sunny Isles and Condominium Association.
The sale includes all the furnishing, equipment, electronics, decorations, supplies - anything that makes daily rentals possible.
Full-service building features all amenities: heated pool, tennis courts, gym, mini-market, hair salon, boxing studio , valet service and 24h concierge.

Listing Agent

Eugene Noska

Grand Real Estate Company License #3125325 Listed on: 02/27/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $61,921

Year Built

  • Built in 1972

Lot Details

  • Fenced

Parking

  • 12 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof Shape

Interior Spaces

  • 13,785 Sq Ft Home
  • Wood Flooring

Outdoor Features

  • Heated Pool
  • Balcony

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 31-22-02-048-3450

Community Details

Overview

  • Ocean Reserve Condo Subdivision
  • 16-Story Property

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$61,921

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Year Built: 1972
  • Architectural Style: Fourplex
  • Building Stories: 16
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 16

Interior Features

  • Flooring: Hardwood, Wood
  • Living Area: 13785.0

Exterior Features

  • Exterior Features: Balcony, Barbecue, Fence
  • Lot Features: < 1/4 Acre
  • Pool Features: Heated, Pool
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Flat

Garage/Parking

  • Total Parking Spaces: 12.0

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Other
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Rent Includes: Hot Water, Pool, Sewer, Trash Collection, Cable TV, Water
  • Community Features: Gated
  • Association Fee Frequency: Annually

Lot Info

  • Parcel #: 31-22-02-048-3450

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 61921.0

Multi Family

  • Number Of Units Total: 1

Map

About Ocean Reserve Sunny Condominium

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $5,972 $351,384 -- --
2024 $5,452 $319,440 -- --
2023 $5,452 $290,400 $0 $0
2022 $4,523 $264,000 $0 $0
2021 $4,267 $240,000 $0 $0
2020 $4,177 $233,000 $0 $0
2019 $4,189 $233,000 $0 $0
2018 $4,086 $233,000 $0 $0
2017 $4,256 $238,008 $0 $0
2016 $4,122 $218,163 $0 $0
2015 $3,734 $198,330 $0 $0
2014 $3,321 $159,889 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2024 02/27/24 For Sale $8,000,000 -- $580 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Attorney
Warranty Deed $307,000 Nu World Title Llc
Warranty Deed $140,000 Attorney
Special Warranty Deed $380,900 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $342,810 Fannie Mae Freddie Mac
Source: Public Records

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10426180

BeachesMLS (Greater Fort Lauderdale)

APN: 31-2202-048-3450

Florida Miami/Dade County Sunny Isles Beach 33160

19370 Collins Ave, Sunny Isles Beach, FL

For Sale

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BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Eugene Noska
Listing Agent
Eugene Noska
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Grand Real Estate Company
(954) 822-0556