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16001 Collins Avenue # 502, Sunny Isles Beach FL 33160 — photo 11 / 40
18.9% reduced

16001 Collins Avenue # 502, Sunny Isles Beach FL 33160

Sunny Isles Beach, FL

List Price

$1,500,000

Type

Condo / Townhome

Bedrooms

3

Price / SqFt

$758/sqft

Price reduction

18.9% below original list — was $1,850,000

Property Information

Square Feet
1,979
Units
1
Days on Market
800
Status
active

Location

County
Miami-Dade County
Zip Code
33160
Coordinates
25.9248, -80.1220

Represented by Academia

Academia Real Estate Corp can represent you on this property. Use the inquiry form to have a licensed broker reach out with full details and next steps.

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Property: 16001 Collins Avenue # 502, Sunny Isles Beach FL 33160

Price: $1,500,000

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Why this deal

  • 18.9% off original list price
  • Value-add opportunity
  • Represented end-to-end by Academia
  • Active listing — move quickly

Deal Score

53/100

Fair

How this
is scored →
Discount depth40%

18.9% off original list (full marks at 25%+).

Days on market20%

800 days on market (full marks at 120+ — more time = more leverage).

$/sqft vs area median25%

$758/sqft vs area median $342/sqft. Lower can mean value — or lower condition/location. Verify.

Seller-motivation signals15%

No explicit distress language in the public remarks.

A screen of the public MLS data we have — not an appraisal, valuation, or investment advice.

Deal calculator

Value-add deal calculator

16001 Collins Avenue # 502, Sunny Isles Beach FL 33160, Sunny Isles Beach, FL

Recommended max offer

$1,215,840

Spread vs list (room below list)

$284,160

70% rule MAO

$1,215,840

Margin-based MAO

$1,400,840

Est. all-in basis

$1,295,000

Projected profit

$555,000

Estimates only — not investment advice. Verify ARV and rehab with a licensed pro.

One Academia. Academia Development Corp and Academia Real Estate Corp are divisions of The Academia Group.

Florida Licensed · Real Estate Broker BK3384781 · verify at myfloridalicense.com