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Waterfront · Condominium
$2,500,000$1,068 / sqft
16500 Collins Avenue # 356, Sunny Isles Beach FL 33160
Listed
3
Bedrooms
3
Bathrooms
2,340 sqft
Interior
2002
Year built
None
HOA
Condominium
Type
About this home
Experience Coastal Luxury at Its Finest Dream apartment located on the prestigious private island of Oceania | Sunny Isles Beach, FL. Enjoy the best of both worlds, the serenity of private island living and the vibrant energy of the coast, in this spectacular third-floor residence, ideal for those who appreciate breathtaking Intracoastal views without the need for great heights. This unit offers an exceptional vantage point for a third floor, perfect for those who value comfort and stability while still enjoying a stunning panoramic view of the water. Featuring 2,345 sq ft of interior space + 700 sq ft of private terraces, this elegant home offers: 3 spacious bedrooms, each with ensuite bath, private terrace, and beautiful Intracoastal views 3 parking spaces and an optional dock
Features
- Cooking Island
- Elevator
- Open Balcony
- Bay
- Water
- Water View
- Bay View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
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 $2,900–$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.