16425 Collins Ave 712, Sunny Isles Beach, FL 33160 — MLS photo

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16425 Collins Ave 712, Sunny Isles Beach, FL 33160

Active · Condominium

$1,149,000

16425 Collins Ave 712, Sunny Isles Beach, FL 33160

Beds
2
Baths
2
Living area
1,520 sq ft
$ / sq ft
$756/sq ft
Year built
1990
Lot size
—
HOA fee
$1
Annual tax
—

About this property

Own the VIEW! Own the LIFESTYLE! Wake up to breathtaking ocean and intercoastal views in this turnkey residence at Oceania I. As the most coveted of the five Oceania towers, Tower I sets the standard with professional and friendly on-site management and 24-hour concierge. This gorgeous move in ready unit has floor to ceiling impact windows with a Southeast exposure, inviting natural light with magnificent views from a large wrap around balcony. The layout is welcoming and bright, offering generous living space that flows effortlessly for relaxing evenings or hosting guests in an open kitchen/floor plan. Includes electric blackout shades. But the lifestyle truly begins outside your door - full beach club service with food and drinks delivered to your lounge chair, a state-of-the-art gym, cardio room, Zumba, Pilates, yoga, stationary bikes, tennis, racquetball courts, pool, spa, sauna, beauty salon, kid's room, private party room, two restaurants and access to the Marina with boat docks for sale or rent. This isn't just a home - it's a permanent resort experience where every day feels like a vacation. A rare opportunity to own one of Sunny Isles Beach most prestigious addresses and oceanfront communities. Located near Bal Harbour, Aventura, fine dining, shopping and A-schools. Are you ready to make this view and lifestyle yours?

Property location

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16425 Collins Ave 712, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,520 sq ft

Exterior & Structure

Property type
Condominium
Year built
1990

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1
County
Miami-Dade
MLS listing ID
A12076707
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

-$2,631

Cap rate
2.9%
Net yield
2.9%
Cash-on-cash return
-9.8%
Gross yield
6.2%
Mortgage payment
$5,447/mo
Down payment
$287,250
Loan amount
$861,750
Annual NOI
$33,791

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