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Waterfront · Condominium
$3,675,000$1,324 / sqft
16047 Collins Ave # 1401, Sunny Isles Beach FL 33160
Listed
3
Bedrooms
5
Bathrooms
2,775 sqft
Interior
2008
Year built
$3,182 / mo
HOA
Condominium
Type
About this home
Experience exceptional luxury living in this elegantly designed northeast-facing residence in the prestigious South Tower of Turnberry Ocean Colony. Offering 3 bedrooms, 4.5 bathrooms, and 2,775 SF of sophisticated living space, Unit 1401 South showcases breathtaking ocean, Intracoastal, and skyline views through expansive floor-to-ceiling windows. Beautifully designed with refined finishes, elegant details, and a thoughtfully planned layout, this exceptional residence combines timeless sophistication with comfort and style. Spacious living and entertaining areas are complemented by abundant natural light and spectacular views. Turnberry Ocean Colony offers an unparalleled resort-style lifestyle with private beach service, two swimming pools, a world-class spa, state-of-the-art fitness center, kids' club, hair salon, two on-site restaurants, valet, 24-hour security, and more. A rare opportunity to enjoy refined oceanfront living in one of Sunny Isles Beach's most exclusive and desirable communities.
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Custom Mirrors
- Pantry
- Walk-In Closet(s)
- Wet Bar
- Storage
- Open Balcony
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.