18555 COLLINS AVE 1601, Sunny Isles Beach, FL 33160

18555 COLLINS AVE 1601, Sunny Isles Beach, FL 33160 is a 3-bedroom, 4.5-bathroom residential - total value : condominium - residential built in 2016 with 3,171 square feet of living space on a 1 square foot lot. The property is currently owned by WALTER WILLIAM STRANKMAN III TRS MELANIE HARGROVE STANKMAN, 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 2021-12-02 for $5,750,000, when PDT1601 LLC sold to WALTER WILLIAM STRANKMAN III TRS. The property has appreciated $5,749,900 (5749900%) since the prior sale of $100 on 2020-12-01. The 2025 assessed value is $2,759,962 with a market value of $2,759,962.

The assessed value decreased 22% from $3,557,763 in 2024. This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X.

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. 18555 COLLINS AVE 1601, 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 2020 to 2021, with 2 recorded transactions in the public record. The current assessed value represents 48% 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 $1813 per square foot — a key metric for comparing value across Sunny Isles Beach's real estate market..