18683 Collins Ave Unit #508, Sunny Isles Beach, FL 33160

$1,050,000
2
BD
3
BA
1,497
SqFt

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List Price
$1,050,000
MLS#
A12000036
Complex Name
Marenas
Status
ACTIVE
Type
Condo
Bedrooms
2
Full baths
3
Living Area
1,497

Property Description

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.

Additional Information

Days on Market
151
Interior Features
First Floor Entry, Elevator, Fire Sprinklers
Tax Amount
$11,939
Waterfront Description
Ocean Access, Ocean Front
Water Access
Unrestricted Salt Water Access
Parcel Number
31-22-02-045-1480
Bedroom Description
Entry Level
Association Fee
$1850
Unit View
Canal, Ocean View
Parking Restrictions
Valet
Pet Restrictions
Restrictions Or Possible Restrictions
Pets Allowed
Yes
Unit Number
508
Elementary School
Norman S. Edelcup K-8
SqFt Liv Area
1,497
Amenities
Business Center, Elevator(s), Exercise Room, Heated Pool, Pool, Sauna, Trash Chute
Year Built
2005
Style
Condo 5+ Stories, Condo
Restrictions
Corporate Buyer OK, Daily Rentals Allowed
Development Name
M Resort Residences Condo
Middle School
Highland Oaks
Construction Type
Concrete Block Construction
Section
2

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Listing Courtesy of Rona International Realty, Contact: