HomeCondos for SaleOceania CondominiumUnit 544
16400 Collins Ave, Unit 544
16400 Collins Ave, Unit 544 photo 116400 Collins Ave, Unit 544 photo 216400 Collins Ave, Unit 544 photo 316400 Collins Ave, Unit 544 photo 416400 Collins Ave, Unit 544 photo 516400 Collins Ave, Unit 544 photo 616400 Collins Ave, Unit 544 photo 716400 Collins Ave, Unit 544 photo 8
+30 more
$925K

Oceania Condominium Unit 544

16400 Collins Ave, Unit 544 • Sunny Isles Beach, FL 33160

at Oceania Condominium

Beds
2
Baths
2
Living Area
1,760 SF
Price / SF
$526
HOA / Monthly
$1,556
Days on Market
21
Insider Price

About This Unit

Generously sized 1,760 SF residence located in the prestigious Oceania Island community in Sunny Isles Beach. This well-laid-out unit offers 2 bedrooms, 2 full bathrooms, and a versatile den that can easily function as a third bedroom, guest room, or private office. The spacious living and dining areas provide an open and comfortable setting, while the kitchen is equipped with stainless steel appliances. The primary suite features an oversized walk-in closet and ample space for a true retreat. Residents of Oceania IV enjoy access to a private resort-style lifestyle with outstanding amenities including a beach club, oceanfront restaurant, beach service, tennis courts, racquetball, fitness center, spa, and a full-service marina environment. The community’s pool deck is currently undergoing a complete renovation and will soon be fully updated, enhancing the outdoor experience even further. The residence includes covered parking, valet service, and additional storage. With 24-hour security and concierge services, Oceania offers comfort, privacy, and convenience. Ideally located in the heart of Sunny Isles Beach, just minutes from Bal Harbour Shops and Aventura Mall.

Pricing at Oceania Condominium — $526/sqft
At $526/sqft, Oceania Condominium Unit 544 is priced at the low end of the building — only 0% of active 2BRs ask less per sqft.
Oceania Condominium Unit 544 vs Active Listings at Oceania Condominium: This condo is -8.3% lower ($47/less per sqft) than the building's active 2BR median of $573/sqft, based on 4 active 2BRs.
Rank: This unit's $/sqft is higher than 0% of currently-active 2BR units at Oceania Condominium (sample of 4).
Insider Negotiation Strategy: 2BR units at Oceania Condominium typically close at 92.2% of asking. At that ratio, this unit could plausibly trade around $852,480.
Based on live MIAMIRE active & closed listings at Oceania Condominium.
Time on Market — 21 days
Oceania Condominium Unit 544 is fresh to market — limited negotiating leverage at this stage.
This unit's 21 days on the market is 41 days shorter than the active 2BR median of 62 days (-66.1%).
Inventory position: 25th percentile for 2BRs currently active at this building.
Price History
Originally listed at $975,000. Reduced to $925,000 on Apr 7, 2026 (after 22 days on market) — -5.1% (−$50,000).
Estimated Monthly Cost
Mortgage (P&I)
$5,023
HOA
$1,556
Property Tax
$1,000
Total / mo
$7,579
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 1.30%. HOA $0.88/sqft · All-in $4.31/sqft / month. Excludes wind / flood / contents insurance — verify your actual rate with a lender.

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Recent Comparable Sales

Active 2BR Comps at Oceania Condominium

UnitListSqft$/sqftDOM
#745 $965,000 1,530 $631 355
#744 $1,079,000 1,760 $613 0
#942 $815,000 1,530 $533 103
#544 $925,000 1,760 $526 21
Comps are limited to the same bedroom count. Sold prices reflect what closed buyers actually paid.
Insider Notes from Ricky
  • Oceania Condominium is a 30-story mid-high-rise at 16400 Collins Ave, Sunny Isles Beach, FL 33160, built 1995. Currently 5 active listings on the market, with active asking prices ranging up to $1.4M.
  • Neighborhood: Sunny Isles Beach. Sunny Isles Beach is the two-mile barrier-island strip between Miami Beach and Aventura -- about 30 oceanfront residential towers stacked against each other so densely that out-of-town buyers usually need a minute to take it in. Brand-driven luxury, heavy international ownership, beachfront everything.
  • Buyer profile here: Heavy international buyer presence -- Russian-speaking community is the historical anchor; Latin American (Brazilian, Argentine, Colombian) and European ownership has grown since 2022. Many second-home buyers.
  • Built 1995 (now 31 years old) -- past Florida's 25-year structural recertification trigger.
  • Entry-luxury condos with active asking prices up to $1.4M.
  • At 30 stories, Oceania Condominium is mid-rise scale -- a typical balance of view exposure and intimate community feel.
  • Compared anchor: Compared to Aventura (inland, more parking, the Mall, easier highway access), Sunny Isles wins for buyers who actually want to walk to the ocean. Trade-off is causeway traffic at peak times.
  • Rental rules vary per association in this market -- most Miami-Dade condos require 6 or 12-month minimum leases. Verify per-association before assuming Airbnb potential.
  • Pre-offer diligence: Top-tier Sunny Isles HOAs run $2,500-$8,000+/month at trophy buildings; carrying costs can match the mortgage payment on luxury units.
  • Ricky has worked the Sunny Isles Beach market for years and can pull HOA documents, recent comps, and reserve study status on any unit you're considering. Text (305) 33-RICKY -- that's (305) 337-4259 -- for a same-week walk-through.
What to Verify
Flood Zone: This unit is in flood zone AE. High-risk flood zone (Special Flood Hazard Area). Federal flood insurance required for federally-backed mortgages.
Building Age: Built in 1995 (31 years old) — approaching Florida's 30-year recertification trigger.
Ricky will verify all of the above with the HOA before closing.
💰 Current Owner's Cost Basis
The current owner bought this unit Nov 2013 for $600,000 — held 12 years. They’re now asking $925,000+54.2% (+$325,000) vs. cost basis.
Source: most recent qualified deed on file with the Miami-Dade Property Appraiser.
Sales History
Date Price Type
Nov 2013 $600,000 arm’s-length
Sep 2003 $375,000 arm’s-length
Nov 1995 $369,900 arm’s-length
Source: Miami-Dade Property Appraiser. County living area: 1,760 sqft.
Unit: 544
Year Built: 1995
Stories: 29
City: Sunny Isles Beach
Postal Code: 33160
HOA Fee: $1,556 / Monthly
View: Bay, Intracoastal View
Waterfront: Yes
Private Pool: No
Heating: Central, Electric
Cooling: Central Air, Electric
Days on Market: 21
Listed: March 17, 2026
MLS #: A11984285

Location

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Text or Call (305) 33-RICKY
That's (305) 337-4259
Email About This Unit
Listing courtesy of: NEXXOS REALTY LLC
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11984285 • Updated Apr 7, 2026
Ricky Garcia Miami Realtor
Your Miami Insider

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Ricky Garcia  |  Global Luxury Realty  |  License #3521781

Ricky has closed deals at Oceania Condominium. He knows the HOA, the best floors, and which units to avoid. Get a free no-pressure market analysis before you make any offer.

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