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18 photos

16500 Collins Ave #554

Sunny Isles Beach, FL 33160

$895,000
2
2
1,786 sq ft
2002
1 car
Condominium
$1,392/mo
Yes
0
Active

Listing courtesy of Beachfront Realty Inc (Evgeniya Penovska). Contact: [email protected].

About this home

Iconic views, premier luxury building, stylish interiors- vacation home or investment- it doesn’t get any better than Oceania V in Sunny Isles Beach. This spacious 2 BED+ Den, 2BA condo futures 1,786 Sq Ft of interiors with an expansive wraparound Balcony that is your front row seat to breathtaking sunsets over the ocean and intracoastal. Marble floors and French windows thorough the unit only enhance the bright, airy spaces filled with natural light. Embrace a private club lifestyle with access to five-star amenities, including but not limited to private marina, health spa, tennis courts and oceanfront dining.

Virtual tour
What it costs to own
Estimated monthly payment
$7,792/mo
Principal and interest
$4,526
Property tax
$1,316
Homeowners insurance
$558
HOA
$1,392

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$15,789/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
$1,392/mo (from the listing)
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Florida condo safety laws

This building was built in 2002, according to the county property appraiser.

If it has three or more habitable stories, Florida law (s. 553.899, F.S.) requires a milestone structural inspection by December 31 of the year it reaches 30 years of age, then every 10 years; for a building of this age the first one is due by December 31, 2032. A local building official may require it at 25 years near salt water.

Condominium buildings of three or more stories also need a structural integrity reserve study (s. 718.112(2)(g), F.S.) at least every 10 years; associations formed on or before July 1, 2022 had to complete one by December 31, 2025.

Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.