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$8,000,000

Beds
5
Baths
5.5
sq ft
3,252

18501 Collins Ave Unit 1501, Sunny Isles Beach, FL 33160

18501 Collins Ave Unit 1501

Sunny Isles Beach, FL 33160

  • 856 days on market
Vacant BRAND NEW TURNBERRY OCEAN CLUB (Home to the 1%) Decorator Ready beachfront corner unit with amazing views, 1 of a kind 5 bed & 5 1/2 baths with 12 ft ceiling heights, kitchen has top-of-the-line Gaggneau appliances & imported Snaidero Italian cabinetry, 54-story with 154 units on split tower skyscraper created by architects Carlos Zapata & Robert Swedroe this is design & engineering marvel with 2 infinity sunrise/sunset pools floating on the 30th floor, as if the tower grew wings, 70,000 Sqft in 6 Levels of unrivaled world-class service, offering private signature Sky Club dining, health/wellness spa, Theater, Bar & Restaurant, with an unprecedented luxury level for every lifestyle. This is the best priced, most desired largest floor plan available. Choose your flooring & finishes.

Details

Property type

Condominium

Est. home value

$7,443,656

Property condition

New Construction

Lot size

Unknown

Price per sq ft

$2,461

Year built

2020

Annual property taxes

$76,935

Monthly HOA fee

$5,474

Price History

05/25/2024
SEF

SEF #A11206323

Price change
$8,000,000
+11.11%
05/17/2022
SEF

SEF #A11206323

Listed
$7,199,999

Schools & Community

Elementary school: 

Norman S. Edelcup K-8

Middle school: 

Highland Oaks

High school: 

Alonzo and Tracy Mourning Sr. High

Number of units in community: 

154

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

New Wave Loans Residential Llc

Loan start date

December 2020

Original loan amount

$2,800,000

Est. remaining balance

Not provided

Interest rate

2.81%

Loan type

Commercial, 0 year

Seller

Zales 4 Corp

Lender

New Wave Loans Residential Llc

Loan start date

December 2020

Original loan amount

$2,800,000

Est. remaining balance

Not provided

Interest rate

2.81%

Loan type

Commercial, 0 year

Seller

Zales 4 Corp

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 09/20/2024 at 12:30 PM

Listing updated: 08/26/2024 at 3:27 PM

Listed by: Hector Rivera, American Dream Investment Realty Inc Phone #: (305) 373-2648

MLS: SEF #A11206323

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