18975 COLLINS AVE 3101, Sunny Isles Beach, FL 33160

Parcel: 3122020550790 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$3,190,693

Property Details

Beds
3
Baths
5.5
Living Sqft
2,468
Year Built
2019
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$3,050,000
2020-03-19
RDR SEASHORE L L CTHOMAS E BADWAY
2
$4,700,000+54%
2022-04-19
THOMAS E BADWAYMIKHAIL MAGARIK
3
$4,700,000
2022-04-22

Tax Assessment History

$3,190,693
Assessed (2025)
$3,190,693
Market Value
$3,139,971
Taxable Value
$63,927
Annual Tax
2024
$3,545,214
2025
$3,190,693
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $3,190,693 $3,190,693 $3,139,971 $63,927
2024 $3,545,214 $3,545,214 $3,545,214 $72,178

About 18975 COLLINS AVE 3101, Sunny Isles Beach, FL 33160

18975 COLLINS AVE 3101, Sunny Isles Beach, FL 33160 is a 3-bedroom, 5.5-bathroom residential - total value : condominium - residential built in 2019 with 2,468 square feet of living space. The property is currently owned by MIKHAIL MAGARIK EVELINA MAGARIK, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2022-04-22 for $4,700,000. There are 3 recorded sales for this property. The 2025 assessed value is $3,190,693 with a market value of $3,190,693.

The assessed value decreased 10% from $3,545,214 in 2024. The property has the following tax exemptions: homestead. 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. There are active mortgage liens totaling $2,070,442 recorded against this property. 18975 COLLINS AVE 3101, 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 2022, with 3 recorded transactions in the public record. The current assessed value represents 68% 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 $1904 per square foot — a key metric for comparing value across Sunny Isles Beach's real estate market..

Current Owner

MIKHAIL MAGARIK EVELINA MAGARIK
18975 COLLINS AVE 3101, SUNNY ISLES BEACH, FL, 33160
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$19,544 — $32,706
Flood $400 — $800
Property/Wind $19,144 — $31,906

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$64,348
Median Home Value$472,600
Pop. Density12,108/sq mi

Neighborhood 18975

100%
Owner-Occ
0%
Investor
30
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
34
View full risk analysis →

Mortgages

ACTIVE 2.5% rate
$2,440,000
~$2,070,442 bal.
TD BANK NA · 2020-04-02
Est. Total Balance $2,070,442
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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