18501 E Collins, #1503, Sunny Isles Beach, FL, 33160 | $5,700,000

Experience luxurious oceanfront living at Turnberry Ocean Club Residences in Sunny Isles Beach. This spectacular flow-through residence offers breathtaking sunrise ocean views from the expansive east-facing terrace and stunning sunset bay and city skyline views from the west-facing terrace. Exceptionally designed with elegant Italian interiors and distinctive 12-foot ceilings, this residence features 3 spacious en-suite bedrooms plus a den with its own full bathroom and closet, ideal as a guest suite, office, or staff quarters. Porcelain floors, oversized terraces with summer kitchen, and a luxurious chef’s kitchen with custom Snaidero cabinetry, stone countertops, and top-of-the-line Gaggenau appliances complete the sophisticated living experience. The primary suite features expansive walk-in closets and a spa-inspired bath with steam shower. Residents enjoy over 70, 000 SF of world-class amenities including the exclusive 3-story Sky Club, sunrise and sunset pools, wellness spa, private dining, entertainment areas, beach service, concierge, valet, security, guest suites, and more. Currently leased to an excellent tenant with prepaid rent through September 2027, making this an exceptional opportunity for investors or future end users planning ahead.

Features

  • Heating: Central
  • Cooling: Central Air
  • Levels: 54
  • Amenities: Community Kitchen,Elevator(s),Fitness Center,Playground,Sauna,Spa/Hot Tub
  • Bedrooms: 3
  • Baths: 4 full / 1 half
  • Complex: Turnberry Ocean Club
  • Year Built: 2020
  • Common Charge: $5,101 Monthly
  • Est. Taxes: $65,802
  • View: City,Ocean,Water
  • Water Front: Yes
  • Pets Allowed: Yes
  • Pet Policy: Size Limit,Yes
  • Appliances: Dishwasher,Ice Maker,Microwave,Refrigerator,Self Cleaning Oven,Washer
  • MLS#: A12020768
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/A12020768/18501ecollins_sunnyislesbeach_fl?source=qrflyer
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Listing courtesy of Cassa Realty Group, LLC   Phone: 786-973-4057

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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18501 E Collins, #1503, Sunny Isles Beach, FL, 33160

$5,700,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $4,560,000 $4,560,000 $4,560,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.375% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.411% 6.487% 6.309%
Monthly Tax Payment $5,484 $5,484 $5,484
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $27,707 $28,448 $38,789
Total Monthly Payment $33,316 $34,057 $44,398

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.