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Waterfront · Condominium
$2,100,000$538 / sqft
16500 Collins Ave # 3, Sunny Isles Beach FL 33160
Listed
4
Bedrooms
6
Bathrooms
3,906 sqft
Interior
2003
Year built
$3,062 / mo
HOA
Condominium
Type
About this home
Welcome to Exclusive Sunny Isles Beach's Finest Towersuite Extraordinaire. Artisans & Craftsmen Have Completed A Work Of Art with Finest Finishes. Upgrades & Features Include 10 Ft Ceilings, All Marble Floors Throughout, Super Spacious 4 Bed + Den or 5th Bedroom + Family Room, Custom Lighting, Custom Doors, Custom Closets, Etch Glass, Archway's, Electric Window Treatments, Subzero, Wine Cellar, Largest Storage In The Building (on 2nd floor), and So Much More, 2 Large Terraces With The Most Panoramic Ocean, Bay & City Views. Enjoy the unsurpassed lifestyle of Oceania with tennis courts, clubhouse, beach service, best restaurants indoors and outdoors, spa, sauna, fully equipped gym with Zumba classes, happy hours, and 5 star luxury resort amenities . A boater's dream on private island with a marina and so much more.
Features
- Lobby
- Closet Cabinetry
- Entrance Foyer
- French Doors
- Split Bedroom
- Stacked Bedroom
- Walk-In Closet(s)
- Utility Room/Laundry
- East Of Us1
- Open Balcony
- Bay
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 4-bed rentals across Miami-Dade, from 121 active listings; the middle half ask $14,000–$34,000.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.