All listings
Active
Active1 / 18
Photo 1 of 18
Waterfront · Condominium
$4,100,000$1,098 / sqft
16051 Collins Ave # 1604, Sunny Isles Beach FL 33160
Listed
4
Bedrooms
7
Bathrooms
3,735 sqft
Interior
2006
Year built
$3,182 / mo
HOA
Condominium
Type
About this home
Experience elevated oceanfront living at Turnberry Ocean Colony in this spectacular 3,735 SF northeast corner residence offering breathtaking ocean and coastline views. Extensively remodeled, this spacious 4-bedroom, 6.5-bath home features a private elevator entry, grand foyer, expansive living and entertaining areas, and a beautifully appointed kitchen. Floor-to-ceiling glass fills the residence with natural light while showcasing the incredible ocean views throughout. Generously sized bedrooms and an exceptional layout provide both privacy and comfort. Enjoy the sophisticated lifestyle and world-class amenities of Turnberry Ocean Colony, including resort-style pools, beach service, spa and fitness facilities, restaurant, valet, security and more. A rare opportunity for luxurious oceanfront living in Sunny Isles Beach.
Features
- Built-in Features
- Cooking Island
- Entrance Foyer
- Laundry Tub
- Walk-In Closet(s)
- Open Balcony
- Ocean View
- Direct Ocean
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
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 4-bed rentals across Miami-Dade, from 121 active listings; the middle half ask $14,000–$34,000.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.