16500 Collins Avenue 356, Sunny Isles Beach, FL 33160 — MLS photo

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16500 Collins Avenue 356, Sunny Isles Beach, FL 33160

Active · Condominium

$2,500,000

16500 Collins Avenue 356, Sunny Isles Beach, FL 33160

Beds
3
Baths
3
Living area
2,340 sq ft
$ / sq ft
$1,068/sq ft
Year built
2002
Lot size
—
HOA fee
$1,723 Monthly
Annual tax
$10,555

About this property

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

Property location

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16500 Collins Avenue 356, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
2,340 sq ft
Flooring
Tile
Cooling
Central Air
Heating
Central
Interior features
Kitchen Island, Elevator

Exterior & Structure

Property type
Condominium
Year built
2002
Stories
30
Lot size
0 sq ft
Construction
Block
Exterior features
Balcony
Pool
Association, Community
Waterfront
Fixed Bridge, Intracoastal Access
View
Bay, Water

Parking

Garage spaces
3
Covered spaces
3
Parking features
Covered, Garage, Two Or More Spaces, Garage Door Opener

HOA, Community & Financials

Association fee
$1,723 Monthly
Amenities
Boat Dock, Controlled Access, Fitness Center, Maintenance, Pool, Storage, Elevators
Security
Door Man, Secured Garage Parking, Key Card Entry, Lobby Secured
Pets allowed
No
Annual tax
$10,555
Subdivision
Oceania
County
Miami-Dade
Days on market
215
MLS listing ID
F10556336
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$5,934

Cap rate
2.8%
Net yield
2.8%
Cash-on-cash return
-10.2%
Gross yield
5.3%
Mortgage payment
$11,851/mo
Down payment
$625,000
Loan amount
$1,875,000
Annual NOI
$71,009

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.