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Waterfront · Condominium
$2,490,000$1,109 / sqft
16047 Collins Ave # 1202, Sunny Isles Beach FL 33160
Listed
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
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 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,300–$5,569.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.