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Active
Waterfront · Condominium
$4,299,000$1,151 / sqft

16047 Collins Ave # 704, Sunny Isles Beach FL 33160

4
Bedrooms
7
Bathrooms
3,735 sqft
Interior
2007
Year built
$3,182 / mo
HOA
Condominium
Type

About this home

Exquisite SE corner residence at Turnberry Ocean Colony featuring 4 bedrooms + maid/office, 6.5 baths, and 3,735 SF. Enjoy unobstructed ocean and intracoastal views, elegant designer interiors, and a gourmet kitchen with Snaidero cabinetry and Subzero & Gaggenau appliances. Resort-style living includes two heated pools, private spa, beach and concierge services, fitness center, children’s club, salon, valet, and two fine restaurants with room service.

Features

  • First Floor Entry
  • Built-in Features
  • Closet Cabinetry
  • Cooking Island
  • Custom Mirrors
  • Pantry
  • Walk-In Closet(s)
  • Wet Bar
  • Maid/In-Law Quarters
  • Storage
  • Utility Room/Laundry
  • Open Balcony
  • Bay
  • Canal
  • Intracoastal View
  • Ocean View
  • Direct Ocean
  • Skyline
  • Water View

Location

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

Estimated loan & HOA

$24,920

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

Principal & interest
$21,738
HOA
$3,182 / 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
Douglas Elliman

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.