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Waterfront · Condominium
$1,100,000$753 / sqft
16485 Collins Ave, Sunny Isles Beach FL 33160
Listed
2
Bedrooms
2
Bathrooms
1,460 sqft
Interior
1991
Year built
$1,435 / mo
HOA
Condominium
Type
About this home
Come and enjoy true oceanfront living. Wake up and have that first cup of coffee while watching the sunrise orenjoy a glass of wine and see those gorgeous sunsets. Enjoy a morning swim and get the benefits of bathing inthe ocean. Penthouse unit has the extra perk of extra high ceilings. Floor to ceiling windows in every room.Building offers heated pool, spa, gym, kid's playroom, party room, theater room, etc. Oceania complex offersprivate beach club with beach service, state of the art gym with an array of classes such as Zumba, yogalates,bootcamp, spinning, and cardio-sculpt. You also get indoor racquetball. tennis courts, spa treatments, dining and cafe. Prime location close to supermarkets, shopping, Aventura Mall & Bal Harbour Shops, and great parks for the kids.Building concrete restoration completed, new roof, renovated hallways, updated elevators and fire alarm system completed. Milestone Structural Integrity Inspection (SIRS) & Reserve Study completed. Manager on site with low staff turnover. Stable, hands on Board of Directors.
Features
- Elevator
- Fire Sprinklers
- Split Bedroom
- Volume Ceilings
- Walk-In Closet(s)
- Wet Bar
- Open Balcony
- Tennis Court(s)
- Ocean View
- Direct Ocean
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,300–$5,569.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.