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$1,050,000

Beds
2
Baths
2.0
sq ft
1,530

16400 Collins Ave Unit 1242, Sunny Isles Beach, FL 33160

16400 Collins Ave Unit 1242

Sunny Isles Beach, FL 33160

  • 2 days on market
Fabulous opportunity to reside in majestic Sunny Isles Beach. Exquisite 2/2 plus den offers abundant natural light and sweeping SE views of both the Atlantic Ocean and Intracoastal Waterway. Floor-to-ceiling windows and private balconies in every room create seamless indoor-outdoor living. Spacious design offers separate living and dining areas, perfect for both relaxation and entertaining. Gourmet kitchen features new s/s appliances. Oversized primary suite offers a walk-in closet and spa-like bath for ultimate indulgence. Oceania IV provides world-class lifestyle with premier amenities including private beach access, beach club, health spa, marina, dining, fitness facilities, tennis, and more. Guard-gated security, concierge, and valet add convenience. Also available for lease.

Details

Property type

Condominium

Est. home value

$897,841

Lot size

Unknown

Price per sq ft

$687

Year built

1995

Annual property taxes

$10,368

Monthly HOA fee

$1,136

Price History

12/19/2024
SEF

SEF #A11712068

Listed
$1,050,000
-4.55%
04/01/2024
SEF

SEF #A11507068

Removed
$1,100,000
03/22/2024
SEF

SEF #A11507068

Price change
$1,100,000
-4.35%

Schools & Community

Elementary school: 

Norman S. Edelcup K-8

Middle school: 

Highland Oaks

High school: 

Alonzo and Tracy Mourning Sr. High

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Beverly Hills Funding Corp

Loan start date

November 1995

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

7.5%

Loan type

New Conventional

Seller

Jose F Laya and Mirta C Fernandez

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 5:35 AM

Listing updated: 12/19/2024 at 5:12 PM

Listed by: Whitney Workman, Compass Florida, LLC. Phone #: (305) 851-2820

MLS: SEF #A11712068

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