18001 Collins Ave Unit 917
Sunny Isles Beach, FL 33160 · condos · For Sale · 6 days on market
Asking price$257,000
0 beds 1 baths 664 sqft
Suggested offer$253,070$3,930 above the est. market value of $253,070.
View on Realtor.com →Listed by Nicholas Del Boca · Keller Williams Capital Realty
Typecondos
Built2003
Price / sqft$387
Est. value (own analysis)$253,070
Rent estimate (own analysis)$2,241/mo
HOA$2,484/mo
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Statusfor_sale
Listed date2026-08-27
Removed date—
MLSMiamiMLS #A12078701
Coordinates25.94318, -80.12042
Address18001 Collins Ave Unit 917
CitySunny Isles Beach
StateFL
Zip33160
Listing ID6671972223
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33160)
Typical home value (ZHVI)$518,452
Typical rent (ZORI)$3,079/mo
Zillow Research's ZHVI (home value index) and ZORI (rent index) for this ZIP, as of 2026-07 — free published data, refreshed monthly, no RentCast quota spent. "Typical value/rent" is a smoothed index, not a literal median of active listings.
Underwriting (buy-and-hold, default assumptions)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $257,000 |
| Down payment (20.0%) | $51,400 |
| Loan amount | $205,600 |
| Closing costs (5.0%) | $12,850 |
| Total cash to close | $64,250 |
| Income | |
| Rent (comp-derived) | $2,241$26,892 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,062$24,741 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $407$4,883 |
| Insurance (placeholder 0.8% of price) | $171$2,056 |
| HOA dues | $2,484$29,808 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $112$1,345 |
| Total operating expenses | $3,174$38,092 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $112$1,345 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Same ZIP. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| apartment | 0 | 1 | 516 | $2,141 | 2024-06-14 | — | |
| apartment | 0 | 1 | 539 | $2,533 | 2025-06-03 | — | |
| apartment | 0 | 1 | 555 | $2,525 | 2026-07-10 | — | |
| condos | 0 | 1 | 595 | $1,700 | 2026-08-04 | — | |
| condos | 0 | 1 | 550 | $2,500 | 2026-08-26 | — | |
| condos | 0 | 1 | 595 | $1,700 | 2026-06-25 | — | |
| condos | 0 | 1 | 448 | $1,600 | 2024-10-17 | — | |
| condos | 0 | 1 | 448 | $1,750 | 2026-04-22 | — | |
| apartment | 0 | 1 | 586 | $2,241 | — | — | |
| apartment | 0 | 1 | 516 | $2,266 | — | — | |
| apartment | 0 | 1 | 567 | $2,361 | — | — | |
| apartment | 0 | 1 | 675 | — | 2025-01-03 | — |
Same ZIP & bedroom count. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 6750864223 | condos | 0 | 1 | 664 | $220,000 | 2026-08-28 |
| 18001 Collins Ave Unit 1010 | condos | 0 | 1 | 551 | $220,000 | 2026-08-28 |
| 18001 Collins Ave Unit 1403 | condos | 0 | 1 | 551 | $220,000 | 2026-08-28 |
| 250 174th St Apt 1510 | condos | 0 | 1 | 595 | $170,000 | 2026-08-25 |
| 18001 Collins Ave Unit 2204 | condos | 0 | 1 | 457 | $200,000 | 2026-08-21 |
| 18001 Collins Ave Unit 2102 | condos | 0 | 1 | 664 | $205,000 | 2026-08-21 |
| 19201 Collins Ave Unit 1130 | condos | 0 | 1 | 410 | $107,500 | 2026-08-03 |
| 18001 Collins Ave Unit 2118 | condos | 0 | 1 | 551 | $215,000 | 2026-07-31 |
| 19201 Collins Ave Unit 114 | condos | 0 | 1 | 360 | $141,500 | 2026-07-27 |
| 18001 Collins Ave Unit 1710 | condos | 0 | 1 | 551 | $205,000 | 2026-07-13 |
| 18001 Collins Ave Unit 2910 | condos | 0 | 1 | 551 | $200,000 | 2026-06-12 |
| 19201 Collins Ave Unit 924 | condos | 0 | 1 | 360 | $149,500 | 2026-06-11 |
| 19201 Collins Ave Unit 630 | condos | 0 | 1 | — | $53,500 | 2026-06-11 |
| 18001 Collins Ave Unit 1411 | condos | 0 | 1 | 664 | $290,000 | 2026-06-08 |
| 19201 Collins Ave Unit 1133 | condos | 0 | 1 | 360 | $90,000 | 2026-06-05 |
Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 19201 Collins Ave Unit 726 | condos | 0 | 1 | 370 | $89,000 | — |
| 251 174th St Apt 2310 | condos | 0 | 1 | 595 | $150,000 | — |
| 19201 Collins Ave Unit 243 | condos | 0 | 1 | 360 | $69,000 | — |
| 19201 Collins Ave Unit 1144 | condos | 0 | 1 | 360 | $95,000 | — |
| 19201 Collins Ave Unit 527 | condos | 0 | 1 | 360 | $82,500 | — |
| 19201 Collins Ave Unit 1103 | condos | 0 | 1 | 420 | $99,900 | — |
| 19201 Collins Ave Unit 231 | condos | 0 | 1 | 360 | $100,000 | — |
| 19201 Collins Ave Unit 707 | condos | 0 | 1 | 420 | $100,000 | — |
10-year hold projection
IRR-20.1%
Equity multiple-2.60x
Total return (10yr)-$197,751
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $264,710 | -$13,351 | -$30,550 | $203,371 | $61,339 |
| 2 | $272,651 | -$13,561 | -$30,794 | $200,989 | $71,663 |
| 3 | $280,831 | -$13,773 | -$31,040 | $198,443 | $82,388 |
| 4 | $289,256 | -$13,986 | -$31,289 | $195,722 | $93,534 |
| 5 | $297,933 | -$14,200 | -$31,539 | $192,815 | $105,119 |
| 6 | $306,871 | -$14,416 | -$31,792 | $189,708 | $117,164 |
| 7 | $316,078 | -$14,633 | -$32,047 | $186,387 | $129,691 |
| 8 | $325,560 | -$14,851 | -$32,304 | $182,839 | $142,721 |
| 9 | $335,327 | -$15,070 | -$32,563 | $179,046 | $156,280 |
| 10 | $345,387 | -$15,290 | -$32,824 | $174,994 | $170,393 |
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.