HomeCondos for SalePinnacle CondominiumUnit 308
17555 Collins Ave, Unit 308
+24 more
$1.9M

Pinnacle Condominium Unit 308

17555 Collins Ave, Unit 308 • Sunny Isles Beach, FL 33160

at Pinnacle Condominium

Beds
3
Baths
3
Living Area
2,090 SF
Price / SF
$909
HOA / Quarterly
$6,824
Days on Market
94

About This Unit

AN EXCEPTIONAL UNIQUE OPPORTUNITY & RARELY AVAILABLE! Enjoy breathtaking ocean views from this rarely available & remodeled third-floor residence that feels like a home on the ocean view fabulous ocean views. Located in Tower I, the closest to the ocean, this unit benefits from a generous 100-foot setback from Acqualina Mansions, creating enhanced ocean views, light, and openness. This expansive 2,274 sq. ft.* north-facing residence features 3 beds/3 baths, with east-west-facing terraces that provide beautiful sunrise & sunset exposures. The low-floor location offers quick staircase access to the elevated pool deck, tennis court, fitness center, beach, and lobby with no long elevator waits. Pinnacle sits on over 4 acres of land with 400' of ocean front and offers complimentary pool, beach, and valet services; fitness center with free classes; party room; kids’ room; billiards room; meeting rooms residents’ lounge; and full-time management. Low condo dues of only $2,275 per month include high-speed internet & cable TV. *Square footage per developer The owner also owns a private beach cabana, available for only $399,000. There are only 20 beach cabanas in the building and they are rarely available, because these do not pay condo dues or real estate taxes. Seller financing available to qualified buyers. Sold AS-IS. Owner-Agent. Easy to show! A rare chance to own a true piece of oceanfront paradise, where a $2 million view and an unmatched lifestyle await.

Pricing at Pinnacle Condominium — $909/sqft
At $909/sqft, Pinnacle Condominium Unit 308 is priced at the low end of the building — only 0% of active 3BRs ask less per sqft.
Pinnacle Condominium Unit 308 vs Active Listings at Pinnacle Condominium: This condo is -22.5% lower ($263/less per sqft) than the building's active 3BR median of $1,172/sqft, based on 3 active 3BRs.
Pinnacle Condominium Unit 308 vs Recent Sold Listings at Pinnacle Condominium: This unit is -12.0% lower ($124/less per sqft) than recent 3BR sales (median $1,033/sqft, based on 3 sales over 9 months).
Rank: This unit's $/sqft is higher than 0% of currently-active 3BR units at Pinnacle Condominium (sample of 3).
Insider Negotiation Strategy: 3BR units at Pinnacle Condominium typically close at 84.4% of asking. At that ratio, this unit could plausibly trade around $1,603,516.
Based on live MIAMIRE active & closed listings at Pinnacle Condominium.
Time on Market — 94 days
Pinnacle Condominium Unit 308 is around the building's typical pace.
This unit's 94 days on the market is 0 days longer than the active 3BR median of 94 days (+0.0%).
Inventory position: 33th percentile for 3BRs currently active at this building.
Price History
Originally listed at $1,995,000. Reduced to $1,899,000 on Apr 3, 2026 (after 92 days on market) — -4.8% (−$96,000).
Estimated Monthly Cost
Mortgage (P&I)
$10,312
HOA
$2,275
Property Tax
$1,036
Total / mo
$13,622
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 0.65%. HOA $1.09/sqft · All-in $6.52/sqft / month. Excludes wind / flood / contents insurance — verify your actual rate with a lender.

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Recent Comparable Sales

Active 3BR Comps at Pinnacle Condominium

UnitListSqft$/sqftDOM
#— 2,090 $1172 0
#— 1,840 $1190 125
#— 2,090 $909 94

Recent Closed 3BR Sales

ClosedUnitSold$/sqftvs List
2025-11-04 #— $1,800,000 $978
2025-12-18 #— $2,574,000 $1232
2026-04-09 #— $1,900,000 $1033
Comps are limited to the same bedroom count. Sold prices reflect what closed buyers actually paid.
What to Verify
Flood Zone: This unit is in flood zone X. Outside the Special Flood Hazard Area — low-to-moderate risk; insurance optional but recommended.
Building Age: Built in 1998 (28 years old).
Verify all of the above with the HOA before closing.
💰 Current Owner's Cost Basis
The current owner bought this unit Aug 2005 for $850,000 — held 21 years. They’re now asking $1,899,000+123.4% (+$1,049,000) vs. cost basis.
Source: most recent qualified deed on file with the Miami-Dade Property Appraiser.
🏛 Property Tax Reset
The current owner pays approximately $15,674/yr in property tax thanks to a $589,276 Save Our Homes assessment cap (Florida shelters long-time owners from market-value increases). On purchase, your assessment resets to full market value — expect roughly $27,460/yr, about 1.8× the current owner’s bill. Estimate uses Miami-Dade’s ~2% effective millage; your actual bill depends on the millage in the year you close and any homestead exemption you may qualify for.
Sales History
Date Price Type
Aug 2005 $850,000 arm’s-length
Nov 2002 $550,000 arm’s-length
Jun 2000 $500,000 arm’s-length
Source: Miami-Dade Property Appraiser. County living area: 2,090 sqft.
Unit: 308
Year Built: 1998
Stories: 25
City: Sunny Isles Beach
Postal Code: 33160
HOA Fee: $6,824 / Quarterly
View: Ocean View
Waterfront: Yes
Private Pool: No
Heating: Central, Electric
Cooling: Central Air, Electric
Days on Market: 94
Listed: January 2, 2026
MLS #: A11937608

Location

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Listing courtesy of: Miami Open Realty, LLC
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11937608 • Updated Apr 6, 2026
Ricky Garcia Miami Realtor
Your Miami Insider

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Ricky Garcia  |  Global Luxury Realty  |  License #3521781

Ricky has closed deals at Pinnacle Condominium. He knows the HOA, the best floors, and which units to avoid. Get a free no-pressure market analysis before you make any offer.

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