16001 Collins Ave 506, Sunny Isles Beach, FL 33160 — MLS photo

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16001 Collins Ave 506, Sunny Isles Beach, FL 33160

Active · Condominium

$1,980,000

16001 Collins Ave 506, Sunny Isles Beach, FL 33160

Beds
3
Baths
4
Living area
2,327 sq ft
$ / sq ft
$851/sq ft
Year built
2008
Lot size
—
HOA fee
$2,836
Annual tax
—

About this property

Ocean and bay views, ** in this exceptional east–west residence, offering sunrises over the Atlantic and sunsets across the Intracoastal. 3 spacious bedrooms and 3.5 elegant baths is thoughtfully curated with distinctive art pieces, blending sophistication with comfort throughout. The residence offers seamless flow, refined finishes, and abundant natural light. Every room opens to its own private balcony. Near causeways, Bal Harbour and restaurants. Residents enjoy world-class amenities including a private beach club with restaurant, full-service spa, state-of-the-art gym, and pool.

Property location

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16001 Collins Ave 506, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
3
Bathrooms
4
Living area
2,327 sq ft

Exterior & Structure

Property type
Condominium
Year built
2008

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,836
County
Miami-Dade
MLS listing ID
A12013443
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

-$7,842

Cap rate
0.9%
Net yield
0.9%
Cash-on-cash return
-17.0%
Gross yield
5.8%
Mortgage payment
$9,386/mo
Down payment
$495,000
Loan amount
$1,485,000
Annual NOI
$18,535

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