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Condominium at 16047 Collins Ave # 1202, Sunny Isles Beach FL 33160Active
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Waterfront · Condominium
$2,490,000$1,109 / sqft

16047 Collins Ave # 1202, Sunny Isles Beach FL 33160

2
Bedrooms
3
Bathrooms
2,245 sqft
Interior
2007
Year built
$2,933 / mo
HOA
Condominium
Type

About this home

Luxury oceanfront residence with private elevator and unobstructed Oceanview and oversized terrace. Lots of space and natural light. One of the most luxury complexes on the beach with full time luxury amenities and club with the restaurant. Designed for those who seeks sophisticated comfort and luxury lifestyle. Marble floors, gourmet kitchen with high end appliances, split bedroom plan with oversized master bathroom and huge laundry room. Elegant residents’ club with lounge and entertainment areas, restaurant, spa, fitness club, gated security, valet parking and many more. This is more than a home—it’s a lifestyle. Live on the beach, world-class dining, and vibrant entertainment, all while enjoying the privacy and exclusivity of a premier oceanfront address.

Features

  • Lobby
  • Elevator
  • Split Bedroom
  • Walk-In Closet(s)
  • Utility Room/Laundry
  • East Of Us1
  • Open Balcony
  • Ocean View
  • Direct Ocean
  • Water View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$15,524

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$12,591
HOA
$2,933 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Big Wave Realty LLC

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.