NOT LISTED FOR SALE

16425 Collins Ave(+den) Unit 418 Sunny Isles Beach, FL 33160

Estimated Value: $820,000 - $1,076,000

2 Beds
2 Baths
1,760 Sq Ft
$1,437/mo HOA Fee

Last Sold June 28, 2024

Last sale price $840,000 $477 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $7,305/month

206 Days on Market

Highlights

  • Valet Parking
  • Ocean Front
  • Clubhouse
  • Norman S. Edelcup/Sunny Isles Beach K-8 Rated A-
  • Fitness Center
  • Recreation Room

About This Home

As of June 2024

Great Investor's Opportunity, Send your Offer!! Very spacious unit with 1760SF living area, 2 bedrooms plus den converted 3er bedroom with balcony and closet, 2 bathrooms, Unit is located on the very same floor as the 2 swimming pools, jacuzzi , Gazebo with direct access without the need to take elevators. Great for families with kids. Unit has a beautiful Oceanview and Bay view , 3 separate balconies with ocean and intracoastal views. Enjoy a five-star amenity lifestyle sit and relax at the beach, 2 restaurants, heated pool, hair salon, Zone play room, ballroom for events, fitness center, racquetball, Zumba classes, Tennis courts, & beach services with chairs, towels, umbrellas. 1 covered parking, 1 complementary valet, 1 storage unit. Marina service, not included on maintenance.

Last Agent to Sell the Property

Diana Niever

Douglas Elliman License #3425296 Listed on: 11/17/2023

Douglas Elliman

Last Buyer's Agent

Diana Niever

Douglas Elliman License #3425296 Listed on: 11/17/2023

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,780

Year Built

  • Built in 1990

Lot Details

  • Ocean Front

HOA Fees

  • $1,437 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Secured Garage or Parking
  • Assigned Parking

Property Views

  • Ocean
  • Intracoastal

Home Design

  • Entry on the 4th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,760 Sq Ft Home
  • Furnished
  • Blinds
  • Combination Dining and Living Room
  • Recreation Room
  • Carpet
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Home Security

Outdoor Features

  • Property has ocean access
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 31-22-14-025-0650

Community Details

Overview

  • High-Rise Condominium
  • Oceania I Condo
  • Oceania I Condo Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 29-Story Property

Amenities

  • Valet Parking
  • Community Barbecue Grill
  • Sauna
  • Trash Chute
  • Clubhouse
  • Billiard Room
  • Business Center
  • Elevator

Recreation

  • Tennis Courts
  • Handball Court
  • Fitness Center
  • Community Pool
  • Community Spa
  • Bike Trail

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Guard
  • Complex Is Fenced
  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,780

Year Built

Built in 1990

Lot Details

0

HOA Fees

$1,437 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1990
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: GPS
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: OCEANIA I CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Closet Cabinetry, Pantry, Split Bedroom, Recreation Room
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet
  • Furnished: Unfurnished, Furnished
  • Living Area: 1760
  • Possible Use: Primary
  • Stories: 29
  • Window Features: Blinds, High Impact Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Living Room Features: Recreation Room
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Intracoastal View, Ocean View, Water View
  • Exterior Features: Open Balcony, Tennis Court(s)
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: OCEANIA I CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Valet, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Smoke Detector, Complex Fenced, Secured Garage/Parking, Guard At Site

Condo/Co-op/Association

  • Association Fee: 1437
  • Amenities: Barbecue, Bike/Jog Path, Billiard Room, Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Handball/Basketball, Other, Pool, Sauna, Spa/Hot Tub, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 31-22-14-025-0650
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10780

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2023
Closed on
Jun 24, 2024
Sold by
Midav Llc
Bought by
Ruvinov Emin and Ruvinov Katherine
Seller's Agent
Diana Niever
Douglas Elliman
Buyer's Agent
Diana Niever
Douglas Elliman
List Price
$875,000
Sold Price
$840,000
Premium/Discount to List
-$35,000
-4%
Views
120
Current Estimated Value
$927,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,549
Avg. Annual Appreciation
7.74%
Original Mortgage
$672,000
Outstanding Balance
$663,292
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$264,257

Purchase Details

Closed on
Jul 8, 2014
Sold by
Arrow Estates Corporation
Bought by
Midav Llc

Purchase Details

Closed on
Apr 15, 2003
Sold by
Mertens Edward J
Bought by
Arrow Estates Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,250
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 8, 2002
Sold by
Oscar A Andreani I
Bought by
Mertens Edward J Ii 2002 Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
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
Ruvinov Emin $840,000 Clear Title
Ruvinov Emin $840,000 Clear Title
Midav Llc $530,000 Sun Trust Title Llc
Arrow Estates Corp $319,000 Columbia Title Florida Inc
Mertens Edward J Ii 2002 Trust $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruvinov Emin $672,000
Closed Ruvinov Emin $672,000
Previous Owner Arrow Estates Corp $239,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2024 06/28/24 Sold $840,000 -4.0% $477 / Sq Ft
06/11/2024 06/11/24 Pending -- -- --
05/20/2024 05/20/24 For Sale $875,000 +4.2% $497 / Sq Ft
05/19/2024 05/19/24 Off Market $840,000 -- --
04/22/2024 04/22/24 For Sale $875,000 +4.2% $497 / Sq Ft
04/19/2024 04/19/24 Off Market $840,000 -- --
03/21/2024 03/21/24 For Sale $875,000 +4.2% $497 / Sq Ft
03/19/2024 03/19/24 Off Market $840,000 -- --
02/14/2024 02/14/24 Price Changed $875,000 -0.6% $497 / Sq Ft
12/20/2023 12/20/23 For Sale $880,000 +4.8% $500 / Sq Ft
12/18/2023 12/18/23 Off Market $840,000 -- --
11/17/2023 11/17/23 For Sale $880,000 -- $500 / 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 $11,869 $743,248 -- --
2024 $11,230 $680,007 -- --
2023 $11,230 $618,189 $0 $0
2022 $9,730 $561,990 $0 $0
2021 $9,082 $510,900 $0 $0
2020 $8,893 $496,000 $0 $0
2019 $8,865 $496,000 $0 $0
2018 $7,832 $446,615 $0 $0
2017 $9,543 $533,646 $0 $0
2016 $10,356 $555,885 $0 $0
2015 $9,515 $505,350 $0 $0
2014 $8,657 $407,649 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Diana Niever

    Seller's Agent in 2024

    Diana Niever

    Douglas Elliman

    (832) 776-3819

    1 in this area

    2 Total Sales

    Diana Niever
    Section Image
  • Tarlan Mamedov

    Buyer Co-Listing Agent in 2024

    Tarlan Mamedov

    ONE Commercial LLC

    (305) 666-0562

    4 in this area

    28 Total Sales

    Tarlan Mamedov
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11487789

MIAMI REALTORS® MLS

APN: 31-2214-025-0650

Florida Miami/Dade County Sunny Isles Beach 33160

16425 Collins Ave(+den) Unit 418, Sunny Isles Beach, FL

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