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Waterfront · Condominium
$949,900$540 / sqft
16485 Collins Ave # 338, Sunny Isles Beach FL 33160
Listed
3
Bedrooms
2
Bathrooms
1,760 sqft
Interior
1991
Year built
$1,575 / mo
HOA
Condominium
Type
About this home
Location, Location! Beachfront Living at Its Best 3BR/2BA with Resort-Style Amenities Step into paradise with this beautifully maintained apartment located directly on the oceanfront. Enjoy 3 spacious bedrooms, each with its own private balcony, 2 modern bathrooms, and hurricane-impact windows and sliding doors throughout. This unit includes 1 assigned parking space, valet parking for a second vehicle, and private storage. Live the ultimate beachside lifestyle with access to a world-class club offering a full gym, spa, sauna, Turkish bath, jacuzzi, heated pool, restaurant, salon, racquetball and tennis courts, and more. The building also features exclusive resident amenities including a second gym with yoga, a kids' playroom, and a private movie theater. Easy to show contact LA
Features
- First Floor Entry
- East Of Us1
- Other
- Ocean View
- Other View
- Water View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- Daily Rentals Allowed
- No Daily Rentals
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 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,900–$11,500.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.