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Waterfront · Condominium
$890,000$1,008 / sqft
16275 Collins Ave # 2603, Sunny Isles Beach FL 33160
Listed
1
Bedrooms
2
Bathrooms
883 sqft
Interior
2007
Year built
$1,900 / mo
HOA
Condominium
Type
About this home
Exceptional Lower Penthouse residence at Sayan Surfside. This spacious 1-bedroom, 1.5-bath home offers nearly 900 SF of interior living space plus an oversized balcony with stunning views of both the Atlantic Ocean and the Intracoastal Waterway. Elegant marble floors enhance the main living areas, while warm wood flooring in the bedroom adds comfort and sophistication. The open layout provides abundant natural light and seamless indoor-outdoor living, ideal for enjoying sunrise and sunset views. The generous primary suite features ample closet space and a well-appointed bathroom, complemented by a convenient powder room for guests. Sayan is a boutique, oceanfront building offering privacy and exclusivity with only a limited number of residences. Amenities include beach service, oceanfront pool and spa, fitness center, sauna, 24-hour security, and valet. Ideally located in Surfside, just minutes from Bal Harbour Shops, fine dining, and house of worship. A rare opportunity to own a lower penthouse in one of Surfside’s most desirable boutique buildings.
Features
- Fire Sprinklers
- East Of Us1
- Open Balcony
- Bay
- Ocean View
- Direct Ocean
Leasing
- Minimum lease
- 183 days
- Leases permitted per year
- 2
- 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 1-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,000–$3,750.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.