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Waterfront · Condominium
$2,850,000$1,218 / sqft
16500 Collins Ave # 2256, Sunny Isles Beach FL 33160
Listed
3
Bedrooms
3
Bathrooms
2,340 sqft
Interior
2002
Year built
$1,723 / mo
HOA
Condominium
Type
About this home
A 40-foot dock slip and an expansive 829-sq.-ft. terrace distinguish this fully furnished waterfront residence at Oceania V in Sunny Isles Beach. Positioned on the 22nd floor with southeast exposure, this 3-bedroom, 3-bath home offers 2,340 sq. ft. of enclosed living space and sweeping bay and Intracoastal views. Generous living and dining areas complement an exceptional outdoor setting for entertaining or relaxing above the water. A welcoming foyer, pantry, walk-in closets, separate storage room, ceramic flooring, in-unit washer and dryer, and central air conditioning enhance everyday comfort. One assigned parking space is included. Enjoy resort-style amenities, including a fitness room, sauna, spa/hot tub, children's play area, and pool service, complemented by a secured lobby, on-site guard, and beautifully maintained common areas. The included dock slip offers convenient access to the Intracoastal and ocean, bringing boating into your waterfront lifestyle. Ideally located near Aventura Mall and Bal Harbour Shops, this residence combines spacious interiors, remarkable terrace space, and captivating water views in a sought-after coastal setting.
Features
- Fire Sprinklers
- Entrance Foyer
- Pantry
- Walk-In Closet(s)
- Storage
- Open Balcony
- Bay
- Water View
Leasing
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 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,000–$11,500.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.