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Waterfront · Condominium
$4,200,000$1,207 / sqft
16051 Collins Ave # 403, Sunny Isles Beach FL 33160
Listed
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
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 $3,300–$12,000.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.