The Tropicana Condos For Sale & Rent

The Tropicana Condo Overview

The Tropicana is a smaller Sunny Isles Beach condo building at 15645 Collins Ave in Sunny Isles Beach. Built in 1983, the 9-story building has 49 residences, so buyers should focus on unit condition, building upkeep, beach access, rental flexibility, and monthly fees.

The Tropicana Condos for Sale

The Tropicana condos for sale should be compared by layout, exposure, renovation level, parking, and monthly costs. With limited inventory and an older property, recent sales and association details should carry real weight in the decision.

The Tropicana Rentals and Rental Policy

Rental policy currently shows a short-term rental setup, a 1-month minimum rental term, and up to 12 rentals per year. Buyers should verify association rules, approval timing, fees, taxes, and city requirements before projecting rental income.

Amenities and Building Details

Architectural and ownership notes point to Morris Lapidus. The building is pet-friendly. Buyers should review amenities, parking, security, reserves, insurance considerations, building condition, and monthly fees together with the unit. This includes over 650 feet of pristine beach frontage with unrestricted access, a resort-style swimming pool, and a fully-equipped fitness facility with state-of-the-art equipment. The spa and hot tub, recreation facilities, barbecue grilling station, and picnic area offer spaces for relaxation and socialization. Each unit features an in-unit washer/dryer, top-of-the-line stainless steel appliances, high-efficiency central air conditioning, floor-to-ceiling glass windows, and vast walk-in closets. The spacious living areas are designed to offer comfort and elegance, making each home a serene retreat.

What to Compare Before Buying at The Tropicana

Compare active condos for sale, active rentals, recent sales, unit condition, monthly fees, parking, rental rules, pet policy, beach access, and Sunny Isles Beach walkability. It is also useful to compare The Tropicana Sunny Isles with nearby buildings and area pages such as Sunny Isles Beach.

Market Context

The Tropicana Sunny Isles has completed-year closed-sale history from 2016 through 2022 in the market statistics, with 17 recorded condo sales, or about 2 sales per year. That is a thinner resale sample, so each closed sale should be reviewed closely for condition, view, size, and unusual terms before using it as a benchmark. The busiest year in the series was 2021 with 5 sales, while the quietest was 2016 with 1. Recent completed-year sales volume is above the long-term average. The gap between the busiest and quietest years also shows why buyers should separate building demand from broader market-cycle timing.

The completed-year price-per-square-foot history for The Tropicana Sunny Isles ranges from about $553/sqft to $796/sqft, with an average near $674/sqft across the years shown. That range gives buyers room to separate stronger lines and renovated units from more ordinary comparisons. The last completed year in the series is higher than the first, moving from $642/sqft in 2016 to $796/sqft in 2022. The recent completed-year price-per-square-foot average is close to the long-term average. Average closed price over the same completed-year period was about $920,746, but that number should be read by bedroom count, size, view, and renovation level.

Bedroom-level statistics also help explain value at The Tropicana Sunny Isles: 2 Beds and 3 Beds units have the broadest historical comparison set, while 2 Beds around $945,038 and 3 Beds around $775,000 represent the higher average closed-price tiers in the chart data. Because that segment appears across several years, it is more useful as a comparison base than a one-off sale. Buyers should compare units within the same bedroom count before deciding whether a listing is expensive or well positioned. The Tropicana Sunny Isles also has short-term rental flexibility with a 1-month minimum lease and up to 12 rentals per year, which should be read together with the long-term sales data. That flexibility can broaden buyer demand, but only when approval timing, seasonality, furnishings, taxes, fees, and local rules support the intended use.