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16500 Collins Avenue #356, Sunny Isles Beach, FL, 33160

3beds
3baths
2,340sqft
$2,500,000
$1,068price/sqft
$16,247/moest. monthly cost
$649,880/yrincome needed

About This Home

Experience Coastal Luxury at Its Finest Dream apartment located on the prestigious private island of Oceania | Sunny Isles Beach, FL. Enjoy the best of both worlds, the serenity of private island living and the vibrant energy of the coast, in this spectacular third-floor residence, ideal for those who appreciate breathtaking Intracoastal views without the need for great heights. This unit offers an exceptional vantage point for a third floor, perfect for those who value comfort and stability while still enjoying a stunning panoramic view of the water. Featuring 2,345 sq ft of interior space + 700 sq ft of private terraces, this elegant home offers: 3 spacious bedrooms, each with ensuite bath, private terrace, and beautiful Intracoastal views 3 parking spaces and an optional dock

Getting Around

63
WalkingSomewhat Walkable
46
TransitSome Transit
53
BikeBikeable

Construction

Condition

  • Property condition: Resale
  • Year built: 2002

Materials

  • Construction materials: Block

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 3
  • Main level bedrooms: 3

Features

  • Elevator,Kitchen Island,Multiple Primary Suites
  • Flooring: Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 2,340 sqft

Property

Details

  • Parcel number: 3122140301260
  • Lease amount: 0

Features

  • Pool features: Association
  • Patio & porch: Open,Balcony
  • Exterior features: Balcony,Outdoor Living Area
  • Has view: Yes
  • View description: Bay,Water
  • Has water view: Yes
  • Water view: Bay,Water
  • On waterfront: Yes
  • Waterfront features: Fixed Bridge,Intracoastal Access

Parking

  • Total spaces: 3
  • Parking features: Covered,Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Heat Wave
Tsunami

FEMA Declared Disasters in Miami-Dade County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $12,641$151,692
Home Insurance *$143$1,716
Property Taxes $3,228$38,736
Electricity $235$2,825
Total$16,247$194,964
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$557,040/yr
40% on housing$487,410/yr
45% on housing$433,253/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,068This listing

vs Other Active Listings

Avg $/sqft

ZIP 33160$778
Miami-Dade County$639

vs Homes Sold Last Month

Median $/sqft

ZIP 33160$1,064
Miami-Dade County$404

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-05Price change$2,500,000
2026-01-12Price change$2,498,999
2025-11-04Price change$2,499,000
2025-07-15Listed for sale$2,500,000
2019-11-14Sold$575,000
2019-10-29Pending sale$599,000
2019-10-07Listed for sale$599,000
2019-08-30Listing removed$699,900
2019-08-22Listed for sale$699,900
2019-07-26Pending sale$699,900
2019-07-24Price change$699,900
2019-06-26Pending sale$599,995
2019-06-15Listed for sale$599,995
2019-06-11Pending sale$599,995
2019-06-05Price change$599,995
2019-05-23Price change$625,000
2019-05-08Price change$649,946
2019-05-03Price change$698,896
2019-01-31Price change$748,999
2019-01-23Price change$749,000
2018-10-25Pending sale$825,528
2018-10-25Price change$825,528
2017-07-06Pending sale$699,996
2017-06-21Price change$699,996
2017-06-02Price change$825,000
2017-04-28Listed for sale$749,947
2003-07-14Sold$498,000

For Sale by Agent

AgentMayssa Carolina Huneidi Huneidi
BrokerageLoKation

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