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Waterfront · Condominium
$1,079,000$629 / sqft
16699 Collins Ave # 2404, Sunny Isles Beach FL 33160
Listed
2
Bedrooms
3
Bathrooms
1,715 sqft
Interior
2006
Year built
$2,517 / mo
HOA
Condominium
Type
About this home
* ATTENTION - VERY IMPORTANT INFORMATION: This unit includes 2 SELF PARKING SPACES and 1 VALET PARKING SPACE.* Beautiful oceanfront condo with 2 beds + Den, 2.5 baths. Residence located in the heart of Sunny Isles Beach, offering 1,715 sq. ft. of spacious living area. This bright and well-maintained home features marble floors with a functional split layout and three private terraces. La Perla offers resort-style amenities, including beach service, oceanfront pool, jacuzzi, kids’ room, game room, conference room, gym, 24-hour security, and an on-site pier restaurant with resident discounts. Walking distance to shops, supermarkets, restaurants, and more. Flexible rental policy 12 times per year.
Features
- First Floor Entry
- Split Bedroom
- Walk-In Closet(s)
- Den/Library/Office
- Open Balcony
- Ocean View
- Skyline
Leasing
- Minimum lease
- 30 days
- Leases permitted per year
- 12
- Ok To Lease
- Okay To Lease 1st Year
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 $2,350–$5,500.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.