16500 Collins Ave # 554, Sunny Isles Beach FL 33160 | Miami-Dade County | A11999816
- $950,000
- Condominium
- 2
- 2
- 1
- 1786 Sq Ft
- $950,000
Description
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.
Property Overview
This is a 2-bedroom, 2-bath condominium of about 1786 square feet at 16500 Collins Ave # 554, Sunny Isles Beach FL 33160 (Sunny Isles Beach 33160), listed at $950,000.
Monthly Costs, Stated Plainly
The monthly HOA fee is $1,392.
The tax of record is $12,112 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $19,000/yr (≈ $1,583/mo); with the homestead exemption on a primary residence, about $18,000/yr (≈ $1,500/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.
Frequently Asked Questions
What is the list price, and what typically conveys with a home like this?
The list price is $950,000. Fixtures and built-in appliances generally convey with the home, but the MLS record does not state if the unit is furnished; you must confirm which specific items convey.
Separate from the home are shared community amenities, including a Billiard Room, Boat Dock, Business Center, Community Room, Exercise Room, Pool, Sauna, Spa/Hot Tub, and Tennis Court(s). Contact Christopher Lazaro, Sunny Isles Beach Real Estate Broker Associate, to verify these details.
Where exactly is it, and what should I know about the location?
This property is located at 16500 Collins Ave # 554, Sunny Isles Beach FL 33160, situated within the coastal corridor of Sunny Isles Beach 33160. The unit is listed at $950,000 and features 2 bedrooms and 2 bathrooms across approximately 1786 sqft.
Contact Christopher Lazaro, Sunny Isles Beach Real Estate Broker Associate, to verify these details.
What are the HOA / association fees, and what do they cover?
The monthly HOA fee is $1,392. This amount covers All Amenities, Cable Tv, Outside Maintenance, Sewer, Trash Removal, and Water. An active special assessment is on record; buyers must verify the balance and terms during due diligence.
The community is subject to city ordinances found at https://library.municode.com/fl/sunny-isles-beach/codes/code_of_ordinances . Contact Christopher Lazaro, Sunny Isles Beach Real Estate Broker Associate, to verify these details.
What are the property taxes and homestead implications?
The tax of record is $12,112 (2025). As an ESTIMATE ONLY, because Florida reassesses at sale, the costs at this price and a Miami-Dade rate near 2.0% are about $19,000/yr (≈ $1,583/mo) without homestead, or about $18,000/yr (≈ $1,500/mo) with the homestead exemption on a primary residence.
Florida's homestead exemption lowers taxable value only for a primary residence. Confirm with the Miami-Dade Property Appraiser and a tax professional, as these are estimates, not quotes. Contact Christopher Lazaro, Sunny Isles Beach Real Estate Broker Associate, to verify.
Is the home in a flood zone, and what does that mean?
Flood zones indicate the likelihood of flooding in a specific area. You can find FEMA definitions here and View the FEMA flood map for this address to see the status of 16500 Collins Ave # 554. Lenders often require flood insurance in high-risk zones.
Contact Christopher Lazaro, Sunny Isles Beach Real Estate Broker Associate, to verify these details.
Are pets allowed?
Pets are allowed, with restrictions (or possible restrictions). We will pull the association's exact current pet rules for this unit on request. Separate federal accommodation rules can apply if a documented service animal or ESA is involved.
Contact Christopher Lazaro, Sunny Isles Beach Real Estate Broker Associate, to verify these details.
How is the price set and is there room to negotiate?
Miami-Dade condos have recently been closing at 94% of list, about 64 days on market (MIAMI REALTORS®, May 2026). The $950,000 price for this 1,786 sqft unit is derived from a CMA.
I provide a Sunny Isles Beach-specific CMA to ensure your offer is precise. Contact Christopher Lazaro, Sunny Isles Beach Real Estate Broker Associate, to verify these figures.
What financing step do you recommend before touring?
Secure a pre-approval before touring 16500 Collins Ave # 554 to ensure your budget aligns with the $950,000 list price. You should seek the advice of a Florida Licensed Mortgage Loan Officer to confirm your buying power.
Contact Christopher Lazaro, Sunny Isles Beach Real Estate Broker Associate, to verify these details.
Monthly Fees & Carrying Costs
| Association Fee | $1,392 / month |
| Total Monthly Fees | $1,392 / month |
- Membership Required: Yes
- Application Fee: $150 (one-time)
Have a question about this Sunny Isles Beach listing?
Talk directly with Christopher Lazaro, your Sunny Isles Beach real estate advisor. No pressure — real answers.
Address
Open on Google Maps-
Address: Collins Ave
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City: Sunny Isles Beach
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State/county: Miami-Dade County
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Zip/Postal Code: 33160
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Area: OCEANIA V CONDO
Details
Updated on August 15, 2026 at 5:46 am-
Property ID A11999816
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Price $950,000
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Property Size 1786 Sq Ft
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Bedrooms 2
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Room 0
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Bathrooms 2
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Garage 1
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Year Built 2002
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Type Condominium
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Property Status Active, Residential
Additional details
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Flooring Marble
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Waterfront Features Canal Front
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Bedroom Features Entry Level
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Cooling Central Air
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Association Type Condo
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Building OCEANIA V
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Association Fee Frequency Monthly
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Area Oceania V Condo
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Annual Tax 12112
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Maintenance Fee Paid Per Quarterly
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Association Yes
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Private Pool No
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Listing Terms All Cash, Conventional
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Waterfront Yes
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Full Bathrooms 2
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Subdivision OCEANIA V CONDO
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Total Stories 29
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Restrictions Ok To Lease, Other Restrictions
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Maintenance Includes All Amenities, Cable Tv, Outside Maintenance, Sewer, Trash Removal, Water
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Amenities Billiard Room, Boat Dock, Business Center, Community Room, Exercise Room, Pool, Sauna, Spa/Hot Tub, Tennis Court(s)
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Parking Assigned, Covered
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Heating Central
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Structure Type Condo 5+ Stories, Condo
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Tax Year 2025
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Construction Concrete Block Construction
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Building Area 1786
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Covered Spaces 1
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Unit Floor 5
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Frontage Bay
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View Bay, Intracoastal View, Ocean View
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Year Built Details Effective Year Built
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Pets Allowed Yes
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Attached Yes
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Unit Number 554
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Inclusions Other
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Half Bathrooms 0
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Flood Zone AE
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Patio / Porch Open Balcony
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New Construction No
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Garage Spaces 1
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Style Condo 5+ Stories
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Association Fee 1392
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Lot Size (Sq Ft) 0
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Membership Purchase Required Yes
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