16051 Collins Ave 403, Sunny Isles Beach, FL 33160 — MLS photo

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16051 Collins Ave 403, Sunny Isles Beach, FL 33160

Active · Condominium

$4,200,000

16051 Collins Ave 403, Sunny Isles Beach, FL 33160

Beds
3
Baths
6
Living area
3,480 sq ft
$ / sq ft
$1,207/sq ft
Year built
2007
Lot size
—
HOA fee
$3,182
Annual tax
—

About this property

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.

Property location

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16051 Collins Ave 403, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
3
Bathrooms
6
Living area
3,480 sq ft

Exterior & Structure

Property type
Condominium
Year built
2007

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$3,182
County
Miami-Dade
MLS listing ID
A12010876
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

-$16,160

Cap rate
1.1%
Net yield
1.1%
Cash-on-cash return
-16.5%
Gross yield
5.1%
Mortgage payment
$19,910/mo
Down payment
$1,050,000
Loan amount
$3,150,000
Annual NOI
$45,007

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