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Waterfront · Condominium
$3,675,000$1,324 / sqft
16051 Collins Ave # 2901, Sunny Isles Beach FL 33160
Listed
3
Bedrooms
5
Bathrooms
2,775 sqft
Interior
2007
Year built
$3,182 / mo
HOA
Condominium
Type
About this home
One-of-a-kind, spectacular the southeast corner residence at the prestigious Turnberry Ocean Colony, offering 3 bedrooms, 4.5 bathrooms and 2,775 SF of luxurious oceanfront living. This exceptional smart home showcases breathtaking, unobstructed direct ocean and Intracoastal views from every room, creating an extraordinary backdrop from sunrise to sunset. Professionally designed and decorated with the finest furnishings, the residence has been completely remodeled with sophisticated finishes, custom details and exceptional craftsmanship throughout. Expansive living areas and floor-to-ceiling glass create a seamless blend of elegance, comfort and spectacular views. Turnberry Ocean Colony offers an unparalleled resort-style lifestyle with private beach service, two pools, world-class spa, state-of-the-art fitness center, kids club, hair salon, two on-site restaurants, valet, security and more. An exceptional opportunity to enjoy luxury oceanfront living in one of Sunny Isles Beach’s most prestigious and desirable communities.
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Custom Mirrors
- Pantry
- Walk-In Closet(s)
- Wet Bar
- Den/Library/Office
- Storage
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 $3,000–$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.