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Waterfront · Condominium
$1,995,900$988 / sqft
16425 Collins Ave # 2016, Sunny Isles Beach FL 33160
Listed
2
Bedrooms
3
Bathrooms
2,020 sqft
Interior
1990
Year built
$167 / mo
HOA
Condominium
Type
About this home
Direct oceanfront living with the Atlantic as your backdrop. This 20th-floor residence at Oceania I offers 2 bedrooms, 2.5 bathrooms and 2,020 SF, with floor-to-ceiling glass framing sweeping ocean and coastline views. A wraparound balcony with covered lounging space creates an inviting setting for morning coffee, quiet afternoons and evenings by the sea. Generous living and dining areas connect to an open kitchen with ample cabinetry, expansive countertops and breakfast-bar seating. The spacious primary suite features balcony access, a sitting area and a fitted walk-in closet. Its bathroom offers dual sinks, a separate shower and a soaking tub. Architectural ceiling details, statement lighting and distinctive finishes give the interior an individual character, while the ocean remains the focal point. Whether relaxing indoors or enjoying the balcony, this residence brings the waterfront setting into everyday living. Experience the space, views and layout in person. Private showings by appointment.
Features
- Lobby
- First Floor Entry
- Closet Cabinetry
- Custom Mirrors
- Entrance Foyer
- Other
- Walk-In Closet(s)
- Open Balcony
- Ocean View
- Direct Ocean
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 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,300–$5,569.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.