19370 Collins Avenue, Sunny Isles Beach, FL 33160

$8,000,000
Property Type: Residential Income Square Footage: 13,785 Status: Active
Current Price: $8,000,000 List Date: 2/27/2024 Last Modified: 2/20/2026

Description

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.

Supplements: Each unit has Each unit has full kitchen and assigned parking space. Laundry Facilities are on each floor in Building. Cable, internet, Air Conditioner, hot and cold water are included in maintenance fees.Seller has excellent reviews on Bookong, AirBnB and vrboMore particular information to qualified Buyers with executed NDAs.

More Information MLS# F10426180

Contract Information

Comp Sale YN: No Listing Contract Date: 2024-02-27 Status: Active Original List Price: 8000000 List Price: $8,000,000 Current Price: $8,000,000

Location and Legal

County Or Parish: Miami-Dade County Parish Name: Miami-Dade City Name: Sunny Isles Beach Municipal Code: 31 Postal Zip: 33160 Development Name: OCEAN RESERVE Subdivision Number: 2048 Country: United States Street Number: 19370 Street Name: Collins Street Suffix: Avenue State Or Province: FL Postal Code: 33160 Postal Code +4: 2249 Subdivision Name: OCEAN RESERVE CONDO Area: 2220 Parcel Number: 31-22-02-048-3450

General Property Information

Living Area Main: 13785 Gated Community YN: Yes Outdoor Living Spaces YN: Yes Stories Total: 16 Pool Private YN: Yes Property Sub Type: Quadruplex Building Area Main: 13785 Year Built: 1972

Office/Member Information

DXORIGMLSID: FLL

Association Fee Includes

Hot Water: 1 Pool Service: 1 Sewer: 1 Trash: 1 Water: 1

Exterior Features

Barbecue: 1

Flooring

Wood: 1

Property Condition

Resale: 1

Short Sale Details

Short Sale Addendum: No

Special Information

Sold As-Is: 1

Co-Ownership

Property Management YN: No

Documents Available

Other Available Information: 1

Fencing

Fenced: 1

Meter Information

Separate Electric Meters YN: Yes

Possession

Negotiable: 1

Sewer

Public Sewer: 1

Utilities

Cable Available: 1

Heating

Separate Meters: 1 Other: 1

Construction Materials

Block: 1

Listing Terms

Cash: 1 Conventional: 1

Pool Features

Heated: 1

Roof

Flat: 1

Cooling

Central Air: 1 Electric: 1

Showing Requirements

Call Listing Agent: 1

Restrictions

Other Restrictions: 1

Tax Information

City/County: 1

Outdoor Living Spaces

Balcony: 1 Porch: 1

Unit 1 Details

Actual Rent: 100 Baths Full: 15 Baths Half: 5 Beds Total: 17 Efficiency YN: No Furnished: Furnished Hotel Room YN: No SqFt: 13785

Unit 1 Lease Description

Lease Term: Month To Month

Unit 1 Parking Details

Garage YN: Yes

Price Calculations

Current Price To SqFt: 580.34

Section Details

Parcel Number MLX: 3450

Acreage Description

Less Than 1/4 Acre Lot: 1

Financial Information

Association YN: 1 Association Fee Frequency: Annually Tax Annual Amount: 61921 Tax Year: 2022 Tax Legal Description: OCEAN RESERVE CONDO UNIT 1124 UNDIV 0.213768840% INT IN COMMON ELEMENTS OFF REC 24224-2071 24857-0285 COC 24468-3398 03 2006 1

Status Change Information

Major Change Timestamp: 2025-02-27T06:00:00Z Major Change Type: Status Change Status Change Date: 2024-02-27

Originating Details

Originating System Key: 578858500 Originating System ID: M00000170

Property Features

Association Fee Includes: Hot Water; Pool Service; Trash; Water Documents Available: Other Available Information Exterior Features: Barbecue Fencing: Fenced Flooring: Wood Property Condition: Resale Construction Materials: Block Cooling: Central Air; Electric Heating: Separate Meters; Other Listing Terms: Cash; Conventional Pool Features: Heated Possession: Negotiable Restrictions: Other Restrictions Roof: Flat Sewer: Public Sewer Special Information: Sold As-Is Tax Information: City/County Utilities: Cable Available Showing Requirements: Call Listing Agent Outdoor Living Spaces: Balcony; Porch Acreage Description: Less Than 1/4 Acre Lot
Listing Office: Grand Real Estate Company
IDX
Last Updated: February - 20 - 2026
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