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Condominium at 16047 Collins Ave # 1703, Sunny Isles Beach FL 33160Active
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Waterfront · Condominium
$4,699,000$1,350 / sqft

16047 Collins Ave # 1703, Sunny Isles Beach FL 33160

3
Bedrooms
6
Bathrooms
3,480 sqft
Interior
2007
Year built
$3,182 / mo
HOA
Condominium
Type

About this home

A beautifully renovated residence at the prestigious Turnberry Ocean Colony is now available for sale. This spacious 3-bedroom, 5.5-bathroom residence offers 3,480 SF of living space and features a den, maid's quarters, newly renovated kitchen cabinetry, custom built-in closets, and electric shades throughout. The property also includes exclusive rights to a private, air-conditioned two-car garage and a beach-level cabana (information available upon request). Furniture is negotiable. Turnberry Ocean Colony is one of Sunny Isles Beach's most prestigious oceanfront communities, offering an exceptional five-star lifestyle and world-class amenities. Residents enjoy a private beach club, oceanfront swimming pools, a state-of-the-art fitness center, luxury spa, beauty salon, restaurants, children's playroom, concierge, valet, and a full-service restaurant and bar. Beach and poolside service, including oceanfront dining, create a true resort-style experience, complemented by a wide variety of daily fitness and wellness classes. Ideally located just minutes from Bal Harbour Shops, Aventura Mall, fine dining, and both Miami and Fort Lauderdale airports.

Features

  • First Floor Entry
  • Built-in Features
  • Closet Cabinetry
  • Cooking Island
  • Shabbat Elevator
  • French Doors
  • Walk-In Closet(s)
  • Den/Library/Office
  • Maid/In-Law Quarters
  • Open Balcony
  • Intracoastal View
  • Ocean View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$26,943

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$23,761
HOA
$3,182 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Keller Williams Elite Properties

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.