Are you looking for a slice of paradise in Sunny Isles Beach? Well, let me tell you about a fantastic condo that’s making waves! Nestled in a beautiful high-rise at the coveted 15701 Collins Condo, this unit—number 805, to be precise—has a lot to offer.
First things first: the property is a modern marvel built in 2020. With five full bathrooms and a spacious layout, it’s designed for comfort and convenience. You’ll love the electric heating and cooling systems, which keep things cozy year-round. Plus, it boasts an electric dryer and a water heater, making it a breeze to manage all your daily needs.
Stellar Features
Let’s talk about some of the standout features. For starters, this unit comes with three garage spaces—perfect for keeping your vehicles safe and sound. And yes, pets are welcome! If you’ve got a dog, they’ll love the nearby beach access. Speaking of which, the views here are simply stunning. Picture yourself enjoying breathtaking vistas of the Intracoastal and the ocean. It’s a sight you won’t tire of!
Now, if you’re worried about safety, fear not! This condo offers a secure entrance with a doorman and keycard access. Plus, there are no rental restrictions for the first year, meaning you can start generating income right away if you decide to rent it out.
But, hold on a second! Before you jump in, let’s chat about the HOA fees. At $5,458, it’s a significant amount, but it does include amenity fees that allow you to enjoy all the perks this community has to offer. And with recent changes in Florida’s condo regulations, it’s essential to stay informed. In 2025, new laws were implemented to improve safety and transparency in condo associations. These changes, initiated to prevent tragedies like the Surfside building collapse, will affect over 1.5 million condos across the state. For a detailed breakdown of these regulations, check out the insights from Royal Management.
Financial Insights
Now, onto the nitty-gritty! If you’re considering this fabulous condo, you’ll want to think about a few financial aspects. In Florida, understanding how property ownership works is crucial. You’ll face a documentary stamp tax of 0.7% of the purchase price, usually covered by the seller. If financing is in your cards, expect additional costs for mortgage recording taxes. And don’t forget about those pesky capital gains taxes when it’s time to sell!
Monthly upkeep costs in Florida average around $1,885. This includes everything from property management and utilities to insurance and property taxes. So, if you’re crunching numbers, make sure to factor these in as you explore your options.
As you navigate the condo market, remember: having a solid understanding of these financial obligations can help keep your investment secure. For a deeper dive into property taxes and other essential costs, head over to NMB Florida Realty.
In short, if you’re eyeing a chic condo in Sunny Isles Beach with stunning views, ample space, and a welcoming pet policy, this unit might just be the dream you’ve been waiting for. Dive into this opportunity—who knows what lovely memories await you in this beautiful slice of Florida!