18501 COLLINS AVE 1103, Sunny Isles Beach, FL 33160

Parcel: 3122020560860 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$3,963,848

Property Details

Beds
3
Baths
4.5
Living Sqft
2,797
Year Built
2020
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$4,570,000
2020-12-22
BEACH CLUB ACQUISITION LLCOCEAN TWO 1604 LLC
2
$4,950,000+8%
2023-01-20
OCEAN TWO 1604 LLCJEFFREY J PALUMBO TRS
3
$4,950,000
2023-01-24

Tax Assessment History

$3,963,848
Assessed (2025)
$3,963,848
Market Value
$3,913,126
Taxable Value
$79,668
Annual Tax
2024
$4,083,696
2025
$3,963,848
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $3,963,848 $3,963,848 $3,913,126 $79,668
2024 $4,083,696 $4,083,696 $4,033,696 $82,123

About 18501 COLLINS AVE 1103, Sunny Isles Beach, FL 33160

18501 COLLINS AVE 1103, Sunny Isles Beach, FL 33160 is a 3-bedroom, 4.5-bathroom residential - total value : condominium - residential built in 2020 with 2,797 square feet of living space. The property is currently owned by JEFFREY J PALUMBO TRS PALUMBO FAMILY TRUST, 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 2023-01-24 for $4,950,000. There are 3 recorded sales for this property. The 2025 assessed value is $3,963,848 with a market value of $3,963,848.

The assessed value decreased 3% from $4,083,696 in 2024. The property has the following tax exemptions: homestead. 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.

There are active mortgage liens totaling $4,703,953 recorded against this property. 18501 COLLINS AVE 1103, 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 2023, with 3 recorded transactions in the public record. The current assessed value represents 80% of the most recent sale price. Based on the most recent sale, this property traded at $1770 per square foot — a key metric for comparing value across Sunny Isles Beach's real estate market..

Current Owner

JEFFREY J PALUMBO TRS PALUMBO FAMILY TRUST
18501 COLLINS AVE 1103, AVENTURA, FL, 33160
Since: 2026-04-19
View owner profile →

People Behind This Entity

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$24,183 — $40,438
Flood $400 — $800
Property/Wind $23,783 — $39,638

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 18501

100%
Owner-Occ
0%
Investor
9
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
33
View full risk analysis →

Mortgages

ACTIVE 5.125% rate
$4,950,000
~$4,703,953 bal.
UBS BANK USA · 2023-03-02
Est. Total Balance $4,703,953
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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