18500 COLLINS AVE, Sunny Isles Beach, FL 33160

18500 COLLINS AVE, Sunny Isles Beach, FL 33160 is a municipal : retail outlet built in 1998 with 9,102 square feet of living space on a 33,764 square foot lot. The property is currently owned by CITY OF SUNNY ISLES BEACH, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2022-02-23 for $15,826,900, when NDPRE #14 LLC sold to CITY OF SUNNY ISLES BEACH. The property has appreciated $14,546,900 (1136%) since the prior sale of $1,280,000 on 2001-10-01. There are 3 recorded sales for this property.

The 2025 assessed value is $6,013,110 with a market value of $6,013,110. This breaks down to $5,908,700 for the land and $104,410 for the building. The assessed value decreased 0% from $6,013,159 in 2024.

This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone. The median household income in this area is $64,348, and the median home value is $472,600.

The population density is 12,108 people per square mile. 18500 COLLINS AVE, Sunny Isles Beach, FL 33160 is located in Sunny Isles Beach, Florida. Property records, tax assessments, sales history, and ownership information for this Sunny Isles Beach property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 1997 to 2022, with 3 recorded transactions in the public record. The current assessed value represents 38% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

Based on the most recent sale, this property traded at $1739 per square foot — a key metric for comparing value across Sunny Isles Beach's real estate market..