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$1,000,000

Beds
2
Baths
2.0
sq ft
1,460

16425 Collins Ave Unit 515, Sunny Isles Beach, FL 33160

16425 Collins Ave Unit 515

Sunny Isles Beach, FL 33160

  • 168 days on market
    • Price drop $150,000↓
Welcome to your dream home on the ocean! This fully renovated unit features updated appliances, impact windows and sliding doors, marble floors, spa tub and views of the ocean and pool deck. Experience luxury living in a Proactive building that's in great shape and fully funded for reserves! Excellent dining, the famed Bal Harbor Shops and the Newport Pier are just minutes away. Indulge in the full resort experience with amazing amenities such as the Club House, cafe/restaurant, gym, salon, yoga, and Zumba classes. Don't miss out on the Thursday Happy Hour to relax, unwind and meet new friends and neighbors! Experience the epitome of beach front living in this exquisite property where every day feels like a vacation!

Details

Property type

Condominium

Est. home value

$994,734

Lot size

Unknown

Price per sq ft

$685

Year built

1990

Annual property taxes

$7,153

Monthly HOA fee

$1,458

Price History

02/05/2025
SEF

SEF #A11654448

Price change
$1,000,000
-13.04%
09/08/2024
SEF

SEF #A11654448

Listed
$1,150,000
+90.08%
09/28/2018
SEF

SEF #A10475972

Sold
$605,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

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

Rocket Mortgage Llc

Loan start date

August 2022

Original loan amount

$580,000

Est. remaining balance

$560,339

Interest rate

5.7%

Loan type

New Conventional, 30 year

Seller

William Power and Nora Power

Lender

Rocket Mortgage Llc

Loan start date

August 2022

Original loan amount

$580,000

Est. remaining balance

$560,339

Interest rate

5.7%

Loan type

New Conventional, 30 year

Seller

William Power and Nora Power

Lender

Quicken Loans Inc

Loan start date

September 2018

Original loan amount

$423,000

Est. remaining balance

$374,115

Interest rate

4.6%

Loan type

New Conventional, 30 year

Seller

William Power and Nora A Power

Lender

Quicken Loans Inc

Loan start date

September 2018

Original loan amount

$423,000

Est. remaining balance

$374,115

Interest rate

4.6%

Loan type

New Conventional, 30 year

Seller

William Power and Nora A Power

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: 02/23/2025 at 10:25 AM

Listing updated: 02/05/2025 at 10:35 AM

Listed by: Brian Bridges, RES-COM Property Group, Inc Phone #: (305) 957-0088

MLS: SEF #A11654448

SEF logo