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Active
Waterfront · Condominium
$4,200,000$1,207 / sqft

16051 Collins Ave # 403, Sunny Isles Beach FL 33160

3
Bedrooms
6
Bathrooms
3,480 sqft
Interior
2007
Year built
$3,182 / mo
HOA
Condominium
Type

About this home

Luxury oceanfront residence at Turnberry Ocean Colony, Unit 403, offering breathtaking direct ocean views and an exceptional lifestyle. This spacious home features 3 bedrooms + Den, 5.5 bathrooms, and approximately 3,500 SF of beautifully designed living space. A private elevator entry opens directly into the residence, creating a sense of exclusivity and privacy. The interior is finished with high-end materials and elegant details throughout, giving the feel of a private beachfront home. Expansive living and dining areas are filled with natural light and flow seamlessly to large terraces overlooking the ocean. The primary suite offers stunning views, generous closet space, and a luxurious spa-style bathroom. Turnberry Ocean Colony is known for its world-class, five-star amenities, including two heated pools, a full-service spa, private beach service, a state-of-the-art fitness center, children’s club, hair salon, and two on-site restaurants with room service. Residents also enjoy 24-hour concierge, valet parking, gated security, and dedicated dog-walking areas. An exceptional opportunity to own a premier oceanfront residence in one of Sunny Isles Beach’s most prestigious buildings.

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
  • Ocean View
  • Direct Ocean

Estimated loan & HOA

$24,419

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$21,237
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.

Courtesy of
Douglas Elliman

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.

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 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.