ActivePhoto 1 of 18
16051 Collins Ave # 1503, Sunny Isles Beach FL 33160
About this home
Luxury oceanfront residence at Turnberry Ocean Colony, Unit 1503, featuring breathtaking direct ocean and Intracoastal views from every room. This home approximately 3,500-square-foot home offers 3 bedrooms, 4.5 baths, and a private elevator entry. Residents enjoy world-class, five-star amenities including two heated pools, a full-service spa, private beach service, state-of-the-art fitness center, children’s club, hair salon, and two on-site restaurants with room service, along with 24-hour concierge, valet parking, gated entry, and dog-walk areas.
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Custom Mirrors
- Pantry
- Walk-In Closet(s)
- Wet Bar
- Den/Library/Office
- Storage
- Open Balcony
- Bay
- Canal
- Intracoastal View
- Ocean View
- Direct Ocean
- Skyline
- Water View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $19,215
- 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.
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.
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.