16485 COLLINS AVE 631, Sunny Isles Beach, FL 33160

Parcel: 3122140260140 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$1,381,212

Property Details

Living Sqft
2,430
Year Built
1991
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$396,900
1992-02-01
2
$1,435,000+262%
2022-02-24
AGUSTIN F TOVARBHARAT LAKHKAR
3
$1,700,000+18%
2024-03-21
BHARAT LAKHKARACRE GROUP CORP

Tax Assessment History

$1,381,212
Assessed (2025)
$1,381,212
Market Value
$1,381,212
Taxable Value
$28,120
Annual Tax
2024
$1,290,384
$1,315,440
2025
$1,381,212
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,381,212 $1,381,212 $1,381,212 $28,120
2024 $1,290,384 $1,315,440 $1,240,384 $25,253

About 16485 COLLINS AVE 631, Sunny Isles Beach, FL 33160

16485 COLLINS AVE 631, Sunny Isles Beach, FL 33160 is a residential - total value : condominium - residential built in 1991 with 2,430 square feet of living space. The property is currently owned by ACRE GROUP CORP, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2024-03-21 for $1,700,000, when BHARAT LAKHKAR sold to ACRE GROUP CORP. The property has appreciated $265,000 (18%) since the prior sale of $1,435,000 on 2022-02-24. There are 3 recorded sales for this property.

The 2025 assessed value is $1,381,212 with a market value of $1,381,212. The assessed value increased 7% from $1,290,384 in 2024. This property is located in FEMA Flood Zone X, which indicates minimal flood risk.

Flood insurance is typically not required for properties in Zone X. The median household income in this area is $91,818, and the median home value is $744,100. The population density is 7,985 people per square mile.

16485 COLLINS AVE 631, Sunny Isles Beach, FL 33160 is located in Sunny Isles Beach, Florida. Property records, tax assessments, sales history, and ownership information for this Sunny Isles Beach property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1992 to 2024, with 3 recorded transactions in the public record.

The current assessed value represents 81% of the most recent sale price. Based on the most recent sale, this property traded at $700 per square foot — a key metric for comparing value across Sunny Isles Beach's real estate market..

Current Owner

ACRE GROUP CORP
16485 COLLINS AVE 631, SUNNY ISLES BEACH, FL, 33160
Since: 2026-04-19
View owner profile →

People Behind This Entity

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$14,212 — $25,661
Flood $400 — $800
Property/Wind $13,812 — $24,861

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$91,818
Median Home Value$744,100
Pop. Density7,985/sq mi

Neighborhood 16485

100%
Owner-Occ
0%
Investor
5
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
26
View full risk analysis →
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