16485 COLLINS AVE 1831, Sunny Isles Beach, FL 33160

Parcel: 3122140260250 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$1,540,523

Property Details

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

Sales History

1
$687,500
2004-04-01
2
$800,000+16%
2011-04-29
SEVERO PINA &WMICHAEL D WORTSMAN TRS
3
$1,525,000+91%
2022-03-15
MICHAEL D WORTSMAN TRSAYAZ FURNITUREWALLA
4
$1,525,000
2022-04-12

Tax Assessment History

$1,540,523
Assessed (2025)
$1,540,523
Market Value
$1,540,523
Taxable Value
$31,364
Annual Tax
2024
$1,467,165
2025
$1,540,523
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,540,523 $1,540,523 $1,540,523 $31,364
2024 $1,467,165 $1,467,165 $1,467,165 $29,870

About 16485 COLLINS AVE 1831, Sunny Isles Beach, FL 33160

16485 COLLINS AVE 1831, 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 AYAZ FURNITUREWALLA, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2022-04-12 for $1,525,000. There are 4 recorded sales for this property. The 2025 assessed value is $1,540,523 with a market value of $1,540,523.

The assessed value increased 5% from $1,467,165 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. There are active mortgage liens totaling $907,269 recorded against this property.

16485 COLLINS AVE 1831, 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 2004 to 2022, with 4 recorded transactions in the public record.

The current assessed value represents 101% of the most recent sale price. Based on the most recent sale, this property traded at $628 per square foot — a key metric for comparing value across Sunny Isles Beach's real estate market..

Current Owner

AYAZ FURNITUREWALLA
91 STATE ROUTE 5, EDGEWATER, NJ, 07020
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$15,805 — $28,529
Flood $400 — $800
Property/Wind $15,405 — $27,729

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 →

Mortgages

ACTIVE 3.5% rate
$991,100
~$907,269 bal.
EVERETT FINANCIAL INC · 2022-04-12
Est. Total Balance $907,269
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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