NOT LISTED FOR SALE

Oceania IV 16400 Collins Ave Unit TH5 Sunny Isles Beach, FL 33160

Estimated Value: $2,013,000 - $2,658,768

3 Beds
4.5 Baths
4,270 Sq Ft
$540/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $1,550,000 $363 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $15,708/month

206 Days on Market

Highlights

  • Doorman
  • Marina
  • Property Fronts a Bay or Harbor
  • Norman S. Edelcup/Sunny Isles Beach K-8 Rated A-
  • Private Dock
  • Fitness Center

About This Home

As of June 2021

This spectacular Parisian-style residence is the largest of only 10 townhome Villas and truly feels like a house, yet offers all the comforts and amenities of luxury condo living. The 4270 SF 3-level home with private entry features four bedrooms with en suite baths, an office on separate level, a laundry room , a private 2-car garage, and an in-unit elevator. With grandiose high ceilings throughout and 2 South-facing balconies it truly feels like a sun-drenched Parisian villa.
Walk from your villa to the tennis and basketball courts, the marina, the pool, the gym or the beachfront club which featured an array of amenities such as: full service Beach Club, squash court, racquetball court, fitness center overlooking the ocean, 2 restaurant, beauty salon, and more.

Last Agent to Sell the Property

Alexandra Peters

One Sotheby's International Realty License #3072325 Listed on: 11/09/2020

Co-Listed By

Adriana Faerman

Compass Florida, LLC License #3011802

Last Buyer's Agent

Simona Paige

Finite Real Estate Corp License #3042361

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $19,793

Year Built

  • Built in 1995 | Remodeled

Lot Details

HOA Fees

  • $1,836 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Secured Garage or Parking
  • Deeded Parking

Property Views

  • Garden

Home Design

  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,270 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Vaulted Ceiling
  • Decorative Fireplace
  • Electric Shutters
  • Drapes & Rods
  • Blinds
  • French Doors
  • Entrance Foyer
  • Combination Dining and Living Room
  • Den
  • Marble Flooring

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Free-Standing Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Maid or Guest Quarters
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible

Outdoor Features

  • No Fixed Bridges
  • Property is near a marina
  • Private Dock
  • Courtyard

Schools

  • Norman S. Edelcup K-8 Elementary School
  • Highland Oaks Middle School
  • Alonzo And Tracy Mourning Sr. High School

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 31-22-14-028-0050

Community Details

Overview

  • 160 Units
  • Club Membership Required
  • Oceania Condos
  • Oceania IV Condo Subdivision, Villa 5 Floorplan

Amenities

  • Doorman
  • Valet Parking
  • Sauna
  • Community Center
  • Party Room
  • Bike Room

Recreation

  • Boat Dock
  • Marina
  • Private Beach Pavilion
  • Community Basketball Court

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Guard
  • Complete Accordion Shutters
  • Clear Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$19,793

Year Built

Built in 1995 | Remodeled

Lot Details

0

HOA Fees

$1,836 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1995
  • Property Sub Type: Townhouse
  • Architectural Style: Multi Level
  • Co List Office Mls Id: OSIR08
  • Co List Office Phone: 305-887-2291
  • Directions: Turn West off of Collins and 164 th St on to Oceania guard gate and ask to see Villa 5 in Tower 4.
  • Entry Level: 1
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available, Community Marina,Dock Available,Electric Available,Marina,Private Dock,Water Available
  • Master Model: Villa 5
  • New Construction: No
  • Structure Type: Townhouse
  • Subdivision Name: OCEANIA IV CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Free-Standing Freezer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Second Floor Entry, Elevator, Fire Sprinklers, Entrance Foyer, French Doors, Handicap Accessible, Volume Ceilings, Walk-In Closet(s), Den/Library/Office, Maid/In-Law Quarters, Utility Room/Laundry
  • Accessibility Features: Accessible Elevator Installed, Handicap Accessible
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Entry Location: Foyer
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Marble
  • Furnished: Partially
  • Living Area: 4270
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Possible Use: Primary
  • Stories: 3
  • Window Features: Clear Impact Glass, Complete Accordian Shutters, Partial Electric Power Shutters, Electric Shutters, Hurricane Shutters, Blinds, Drapes, Impact Glass
  • Bedroom Features: Master Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Living Room Features: Den/Library/Office, Maid/In-Law Quarters, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Canal, Garden View
  • Exterior Features: East Of Us1, Courtyard
  • Construction Type: CBS Construction
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront Features: Canal Front, No Fixed Bridges
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Oceania
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Deeded, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Fuse Box
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Doorman, Secured Garage/Parking, Guard At Site

Condo/Co-op/Association

  • Association Fee: 1836
  • Amenities: Basketball Court, Bike Storage, Boat Dock, Community Room, Exercise Room, Heated Pool, Marina, Private Beach Pavilion, Sauna, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Norman S. Edelcup K-8
  • High School: Alonzo and Tracy Mourning Sr. High
  • Middle Or Junior School: Highland Oaks

Lot Info

  • Parcel Number: 31-22-14-028-0050
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 1836
  • Number Of Units In Community: 160
  • Number Of Units Total: 160

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 19793

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2020
Closed on
Jun 2, 2021
Sold by
Gareellek Steven Z and Estate Of Harold P Gordon
Bought by
Kogan Simona
Seller's Agent
Alexandra Peters
One Sotheby's International Realty
Buyer's Agent
Simona Paige
Finite Real Estate Corp
List Price
$1,475,000
Sold Price
$1,550,000
Premium/Discount to List
$75,000
5.08%
Current Estimated Value
$2,304,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$754,192
Avg. Annual Appreciation
9.59%
Original Mortgage
$1,085,000
Outstanding Balance
$982,332
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,321,860

Purchase Details

Closed on
Jun 29, 2005
Sold by
Sher Charles A
Bought by
Gordon Harold P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 20, 2003
Sold by
Limitada Anvipa Compania
Bought by
Sher Charles A

Purchase Details

Closed on
Sep 17, 1998
Sold by
Oceania Joint Venture
Bought by
Limitada Anvipa Compania

Purchase Details

Closed on
Jun 9, 1998
Sold by
Oceania Joint Venture
Bought by
Comania Anvipa
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kogan Simona $1,550,000 Attorney
Gordon Harold P $1,040,000 Seagull Title Company
Sher Charles A $865,000 --
Limitada Anvipa Compania -- --
Comania Anvipa $895,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kogan Simona $1,085,000
Previous Owner Gordon Harold P $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2021 06/11/21 Sold $1,550,000 +3.3% $363 / Sq Ft
03/17/2021 03/17/21 Price Changed $1,500,000 +1.7% $351 / Sq Ft
03/17/2021 03/17/21 For Sale $1,475,000 -4.8% $345 / Sq Ft
03/09/2021 03/09/21 Off Market $1,550,000 -- --
03/08/2021 03/08/21 For Sale $1,475,000 -4.8% $345 / Sq Ft
01/08/2021 01/08/21 Off Market $1,550,000 -- --
10/23/2020 10/23/20 For Sale $1,475,000 -- $345 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $19,868 $1,255,416 -- --
2024 $19,505 $1,220,035 -- --
2023 $19,505 $1,184,500 $0 $0
2022 $19,012 $1,150,000 $0 $0
2021 $20,444 $1,150,000 $0 $0
2020 $20,618 $1,150,000 $0 $0
2019 $22,926 $1,402,000 $0 $0
2018 $21,640 $1,475,838 $0 $0
2017 $21,046 $984,869 $0 $0
2016 $20,692 $895,336 $0 $0
2015 $19,829 $813,942 $0 $0
2014 $19,074 $739,948 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10955122

MIAMI REALTORS® MLS

APN: 31-2214-028-0050