Condominium
18683 Collins Ave # 508
18683 Collins Ave # 508, Sunny Isles Beach FL 33160 Get directions
$1,050,000
2 Beds · 3 Baths · 1,497 SqFt
See estimated monthly costThis listing is courtesy of Rona International Realty. Ruyam Rona Soysal
Overview
Exceptional investment opportunity at Marenas Beach Resort in the heart of Sunny Isles Beach. This unique lockout unit offers exceptional flexibility and privacy. While the owner occupies one side of the residence, the other can be rented independently, creating an excellent opportunity for rental income without sacrificing privacy. Fully furnished 2-bedroom, 3-bath residence offers breathtaking panoramic views of the ocean and Intracoastal, creating the ultimate beachfront lifestyle experience. Situated within a prestigious 5-star resort with NO RENTAL RESTRICTIONS, this unit is ideal for investors seeking immediate income potential through short-term or long-term rentals. The residence features spacious closets, custom built-in cabinetry, an in-unit washer and dryer, new carpeting, sofa bed, TVs, and stylish patio furniture, all included for a true turnkey opportunity. Residents and guests enjoy an impressive array of resort-style amenities, including an infinity-edge pool, private beach service with cabanas, full-service spa, state-of-the-art fitness center, Jacuzzi, steam room, restaurant, bar/lounge areas, business center, concierge services, and 24-hour security. Maintenance fees include utilities for added value and convenience. Perfectly located just minutes from Aventura Mall and close to Bal Harbour Shops, this is a rare opportunity to own a luxury beachfront residence with exceptional revenue-generating potential.
Facts & features
Interior
- Living area (sq ft)
- 1,497
- Full bathrooms
- 3
- First Floor Entry
- Elevator
- Fire Sprinklers
Building & exterior
- Year built
- 2005
- Waterfront
- Yes
- Canal
- Ocean View
- Ocean Access
- Ocean Front
- Valet
HOA (homeowners association)
- Association fee
- $1,850 per month
- Pets allowed
- Yes
- Business Center
- Elevator(s)
- Exercise Room
- Heated Pool
- Pool
- Sauna
- Trash Chute
- Corporate Buyer OK
- Daily Rentals Allowed
- Restrictions Or Possible Restrictions
Taxes
- Annual tax
- $11,939
- Tax year
- 2025
- Parcel number
- 31-22-02-045-1480
Assigned schools
- Elementary
- Norman S. Edelcup K-8
- Middle
- Highland Oaks
Listing
- MLS number
- A12000036
- Property type
- Condominium
- Price per SqFt
- $701
- Subdivision
- M RESORT RESIDENCES CONDO
- On market since
- Apr 13, 2026
- Days on market
- 93
Estimated monthly cost
$8,942 per month
- Principal & interest (30 yr)
- $5,309
- Property tax
- $995
- Insurance (estimated)
- $788
- Association fee
- $1,850
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- Norman S. Edelcup/Sunny Isles Beach K-8
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